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1 i heard this on tv , not a paste, on Mon Sep 08, 2008 10:38 pm

rosco 357


Veteran
this may or may not be right, but i think this is what i heard on the news tonight,, as opec members met or are to meet, today or tomorrow, or soon, lol, they said i think when oil hits 100 bucks a barrel they will cut production to hold the price, but saudi arabia, which controls one third the oil, said they prefer, waiting till it hits 80 bucks a barrel, to slow production as to hold the price, 80 bucks sounds better than i thought and i hope it gets there, it can its just over 100 now and a few bucks, and came from what, 140 bucks + so 80 bucks sounds possible, i hope saudi arabia, gets their way. take care.if anyone knows this to be incorrect , please reply,, take care

2 Re: i heard this on tv , not a paste, on Tue Sep 09, 2008 3:05 am

SSC


Admin
I read about that but they vote on the cutback tomorrow and the general opinion is they will not approve the production scaleback.

3 Re: i heard this on tv , not a paste, on Tue Sep 09, 2008 9:10 pm

rosco 357


Veteran
SSC wrote:I read about that but they vote on the cutback tomorrow and the general opinion is they will not approve the production scaleback.

so are u saying they will keep pumping all they can by the words u say, not approve the production cutback , which will be good, as i see it, thanks ssc,

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