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Re: GWMAN post# 95708

Wednesday, 03/09/2011 10:52:06 PM

Wednesday, March 09, 2011 10:52:06 PM

Post# of 312015
basic economics implies that your argument is flawed. If they had only a miniscule amount of saleable fuel and could get $70/barrel or whatever the current WTF rate (is that right??) they would sell it and get their money. The fact that they are not implies that they are selling larger volume, exactly as yyou are saying. If that is the case and they are "negotiating" the only reason for the other side not to be buying immediately would be to get a lower price. Just common sense. So time passing is not a good thing...

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