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Re: oilman57 post# 1247

Tuesday, 03/29/2005 8:51:26 PM

Tuesday, March 29, 2005 8:51:26 PM

Post# of 361906
oilman - the JDA probably has all the authority they wish to exert.

The question is - are they willing to ignore the issues that XOM is arguing about ?

Personally, I don't think the JDA can afford to ignore XOM in these matters, and attempt high-handed tactics. There is much that can be inferred about what is exactly going on - and you and I have a real good idea about what is being said behind closed doors. The 'issues' will affect every single other company vying to do business there also. If XOM were to walk - what would be the ramifications for the JDA being able to signup anybody ?

After all - no cash in hand for JDA, yet.