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TheInvisibleHand ™

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TheInvisibleHand ™

Re: Recognizer post# 353

Monday, 06/23/2008 12:59:18 AM

Monday, June 23, 2008 12:59:18 AM

Post# of 23113
The Saudis say they will do more, and Since demand is coming down because of high price, simple supply and demand rule. Oil should come down, world consumption is around 90 mil that 700k increase is more then a drop in the bucket. They have stated they will continue to pump even more and keep adding to production. The kuwaities echo ing the same.

Now is your target on oil based on Mon or longer? Though we disagree, we are all teachers and i always keep a open mind.

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