Time to drill the anwr. Robert Munn wrote: > 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 >> > > >
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