[Sixstrings]

$this->bbcode_second_pass_quote('sparky', 'I')t could be also straightforward , they did release more oil than their quota , there is no point cheesing off their friends and it might be a sweet gesture to Iran too
production increase would then happen in batches
a couple of months on , a couple of months off

[Pretorian]

Off topic text deleted.

[dsula]

Off topic text deleted.

[americandream]

Text deleted

Well, Haiti was in your backyard for decades. Now you get to have them in your lounge.

http://www.socialismtoday.org/82/haiti.html

[Fishman]

I smell smoke. And my canary is acting very unusual. Anyone else?

[sparky]

.
My canary is alive but it smell funny

[rockdoc123]

$this->bbcode_second_pass_quote('', 'F')ull supplies at Cushing no longer matter to GLOBAL markets as they used to. There is a reason why we now see the spread between Brent and WTI. Screaming and thumping the table about full inventory at Cushing is nothing more than a misunderstanding of the nature of the current oil trading environment.

[Pops]

$this->bbcode_second_pass_quote('AirlinePilot', 'F')ull supplies at Cushing no longer matter to GLOBAL markets as they used to. There is a reason why we now see the spread between Brent and WTI. Screaming and thumping the table about full inventory at Cushing is nothing more than a misunderstanding of the nature of the current oil trading environment.

[Pretorian]

Text deleted.

[Puchica]

Goodbye. I won't be a part of a community that talks about people in such a vicious way.

[americandream]

$this->bbcode_second_pass_quote('Puchica', 'G')oodbye. I won't be a part of a community that talks about people in such a vicious way.

[dolanbaker]

Expect to see further increases in support for "nationalist" parties in many countries as well. http://www.bbc.co.uk/news/world-europe-13107620
$this->bbcode_second_pass_quote('', 'A') nationalist party has taken nearly a fifth of votes in Finland's general election, the electoral commission says.

[rangerone314]

Text deleted.

[evilgenius]

$this->bbcode_second_pass_quote('Puchica', 'G')oodbye. I won't be a part of a community that talks about people in such a vicious way.

[Plantagenet]

$this->bbcode_second_pass_quote('Sixstrings', '
')This is a pretty big cut here.. 9.12% of their total production. The oil minister says April will be about the same. With everything going on in the middle east, seems like an odd time to cut production.

[rockdoc123]

Or it is simply that they can't find anyone to buy their oil at the current price

$this->bbcode_second_pass_quote('', 'M')inisters from the Organization of Petroleum Exporting Countries insisted Monday that the global market is well-supplied with crude oil, and blamed political and market factors for the steep runup in crude prices this year.

Saudi Arabia confirmed it has cut output by more than 800,000 barrels a day since mid-March, after it had boosted output by some 300,000 barrels daily to help settle markets after civil war broke out in Libya.

Oil Minister Ali al-Naimi cited weak demand for the cut in output, but said the kingdom would be prepared to open the spigots again if demand strengthens ahead of the summer driving season in Europe and North America when gasoline consumption typically peaks.

While lower Saudi production might be expected to trigger an increase in prices, traders apparently took the move as yet another signal that demand for oil is weakening. News of another interest rate hike in China and Standard & Poor’s warning on the intractable nature of the U.S. deficit combined to drive down commodity prices across the board, including crude oil.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('pstarr', 'T')heir current production is failing:

$this->bbcode_second_pass_quote('', '[')b]in the year 2000, the average output from a Saudi Arabian oilwell was 5,125 bbl/day. In 2009, the average was down to 2,817 bbl//day.

[Plantagenet]

$this->bbcode_second_pass_quote('pstarr', 'i')s it because the Great and Mighty Kingdom of Saudi Arabia (Praise Allah!) is running out of petroleum....their current production is failing:

$this->bbcode_second_pass_quote('', 'T')he data suggests that over time, the output per well will continue to decline and at some point will be so low as to be uneconomical. As another point of interest, in the year 2000, the average output from a Saudi Arabian oilwell was 5,125 bbl/day. In 2009, the average was down to 2,817 bbl//day.

[Cog]

Text deleted.

[the48thronin]

Well cog, there is the ignore factor... untill someone thinks they need to quote the racist and castigate them but get them past other peoples ignore factor also... HMMM maybe you do not understand how to deal with problems and need an admin or mod for all your problems... do you by any chance think the government can solve all your problems also?