if they aren't at capacity yet, they are definitely close. it's all a question of timing. we need immediate relief and there just isn't capacity available for supply relief, so we have to press for demand relief. eventually the market will take care of that.
oh btw, i just heard who the biggest oil speculators in the market are. i would have never guessed, but it makes sense. public pension funds. On Tue, Jun 24, 2008 at 10:05 AM, Cameron Childress <[EMAIL PROTECTED]> wrote: > On Tue, Jun 24, 2008 at 12:58 PM, Robert Munn <[EMAIL PROTECTED]> wrote: > > The Saudis are bringing online another million barrels a day, which maybe > > gets us through the middle of next year in terms of demand growth, > barring a > > significant downward trend in demand. > > This also assumes that Saudi Arabia's production capability in terms > of drilling hasn't already peaked, which many in the oil biz think it > already has, or is very near. > > -Cameron > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:262621 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
