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Henry
Joined: 03 Apr 2001 Posts: 2878 Location: NYC
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Posted: Mon Aug 07, 2006 4:51 pm Post subject: Does She or Does She Not? |
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As creative as I am...I was running outta ideas. Now comes this. Saved.
(of course it's only the free market doing its thing...now...let's see...doing it's thing over the past 24 months means going from $38 up to $76 or $78 a barrel. That's the free market doing it's thing or is that something like sex without consent?) ahem (so what's $100 a barrel going to be called...love? uh huh call it love)
http://www.washingtonpost.com/wp-dyn/content/article/2006/08/07/AR2006080700131.html
"Tetsu Emori, chief commodities strategist at Mitsui Bussan Futures in Tokyo, told the Associated Press that a 400,000-barrel per day reduction* in output would have a major impact on oil prices.
"Oil prices could increase by as much as $10 per barrel given the current environment," Emori said, though he said it was too early to tell what would be the exact effect."
* On CNN I believe that number was reported to constitute a 1/10 of 1 percent reduction of daily output. Whoa...free market! |
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