posted
OPEC will be cutting back oil production by one million barrels per day on an appropriate day, April first, much in keeping with their terrorist horrors on 9-11 seemingly just yesterday.
Their picking of noteworthy dates for their activities, is no surprise.
For those holding oil stocks outside the OPEC terrorist region, expect a rise in share value.
Personally, I focus on oil stocks which are American or Canadian, with no vested interest in terrorist regions.
Summer vacation time will also bring nice increases in prices.
This is a good time to consider picking up some oil stocks.
Have an "ice" company of interest to share in a month or so, once Winter has almost passed.
posted
OPEC is a buch of tribes that can't really get along- i think we have ways to play them off against each other but the signals are clear------
Posts: 36378 | From: USA | Registered: Sep 2003
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posted
Glassman, Afghanistan, Libia and Iraq, all are in Uncle Sam's back pocket along with Kuwait being a strong friend. Yes, we can manipulate them, knowing we will kick rearend if they don't play fair.
Kinda hoping Bush will remain president. Don't like war, am against it, but these recent wars are an absolute must and will prove very positive in the future.
Better to have Bush's poor economic policies than to have terrorists set our polices on economics.
Oh, the jokes I could make about camels, especially camels wearing false eyelashes and lipstick. However, I would only direct those type of jokes at terrorists, which is just about every country over there.
Russian oil and East European oil might prove to be a good stock play. They are less likely to raise per barrel prices but should show greater revenues selling less expensive oil.
posted
Well, PG i don't like to talk politics cuz absolutes can't be applied--LOL-- the Iraq thing may be a wolverine trap. The bait has been set out and now we will see how many show up to play. It's better to be the hunter than the prey and this is one way to get the job done. I don't believe the ends absolutely justify the means.
when my heart became less young i definitely closed the book as in Paul and Linda's song
I give credit to other minds than fearless leader.
[This message has been edited by glassman (edited February 11, 2004).]
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