ConocoPhillips (COP)

[DocLevi]

That'll never work long term as there are so many people out to bend the spirit of the deal to make themselves rich over that its unlikely to matter. They could just start shell production in many other countries that they were looking to do a year plus ago (as they may have already started)... so, for example, Veit Nam (example again like if it was one of those Asian ones an article was writing about) develops an eagleford like find, they are not in any curb production deal and all it would do is dump on the developed countries oil markets.

The deal needs to include shunning oil from new sources until oil is above 80 (and I am sill pissed that Canadian oil sands needed $85/bbl to profit so why are they wanting a oil pipeline and still dumping on US markets?) Insane lies or insane business practices... probably just Pickens et al trying to lessen their loss because they all believe this low price is all temporary as oil is redistributing supply shipments... I guess... sigh!