Article

2009-05-20 Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Steve White 2009-05-20 00:00|| || Front Page|| [5 views ] Top

#1 I suspect the dead cat is about at the apex of its trajectory.

Posted by gorb 2009-05-20 01:00|| 2009-05-20 01:00|| Front Page Top

#2 What, you think all that new production coming out of Venezuela is going to bring the price down? All the massive reinvestment going on by Pemex in Mexico is going to come through?

hahahahhahahahahahahahaha

Posted by Thing From Snowy Mountain 2009-05-20 10:09|| 2009-05-20 10:09|| Front Page Top

#3 More dollar falls than oil price rises.

Posted by Bright Pebbles the pedantic 2009-05-20 11:15|| 2009-05-20 11:15|| Front Page Top

#4 BP,
Over the past month 5-6% of the oil price increase could be attributed to dollar exchange decline (based on gold prices). That's on the order of half or less of the oil (or gasoline) price change.

Posted by Glenmore 2009-05-20 12:52|| 2009-05-20 12:52|| Front Page Top

#5 OPEC has been cutting production since late past year.

Posted by ed 2009-05-20 13:07|| 2009-05-20 13:07|| Front Page Top

23:55 Kofi Claitle6576
23:51 OldSpook
23:50 OldSpook
23:47 OldSpook
23:44 OldSpook
23:17 Pappy
23:07 Pappy
22:56 JosephMendiola
22:53 Pappy
22:46 JosephMendiola
22:36 JosephMendiola
22:13 JosephMendiola
22:09 JosephMendiola
21:53 CrazyFool
21:42 JosephMendiola
21:37 JosephMendiola
21:34 JosephMendiola
21:25 JosephMendiola
21:13 .5MT
21:06 mojo
21:05 M. Murcek
21:04 mojo
21:03 M. Murcek
21:02 .5MT