[Denny]

I got a real laugh out of th first three minutes of this net broadcast - BNN - After Hours (you wil hafve to select the 4 pm program and click on it to bring up the media player.)

Two truly brilliant observations, after the 2:30 minute mark:

"Something that just flew in under the radar - OPEC may not be able to keep all of us supplied in more than a couple of decades. Saudi Arabia says it may not be able to live up to its promise to keep the world supplied with crude for five more decades."

Well, as Gomer Pyle would have said, and we PO'ers can chime in in this topic "Well, surprise, surprise!"

"Just flew in under the radar"? I have to wonder, has any informed person believed that OPEC could maintain its output , and in fact, substantially grow its output over decades to come? Who?

[americandream]

$this->bbcode_second_pass_quote('Denny', 'I') got a real laugh out of th first three minutes of this net broadcast - BNN - After Hours (you wil hafve to select the 4 pm program and click on it to bring up the media player.)

Two truly brilliant observations, after the 2:30 minute mark:

"Something that just flew in under the radar - OPEC may not be able to keep all of us supplied in more than a couple of decades. Saudi Arabia says it may not be able to live up to its promise to keep the world supplied with crude for five more decades."

Well, as Gomer Pyle would have said, and we PO'ers can chime in in this topic "Well, surprise, surprise!"

"Just flew in under the radar"? I have to wonder, has any informed person believed that OPEC could maintain its output , and in fact, substantially grow its output over decades to come? Who?

[efarmer]

Albert Bates stated on his blog:

http://peaksurfer.blogspot.com/2007/12/ ... actor.html

"To me it looks like the Saudis finally decided, about late July,
to do some dog training. If the Palestinians were going to suffer,
USAnians would suffer more. If the Palestinians caught a break,
so would the world. So the squeeze began, and the markets reacted."


I do believe Mr. Bates has a pulse on this topic and that the
momentary ebb and flow is an oil superpower, dealing with a
military superpower, superimposed on the peak oil trend.
The military superpower would not be one without sufficient oil,
and the hawk at our helm is wearing his dove suit as we speak,
in an area of the world where he has made himself a pariah.

[LastViking]

$this->bbcode_second_pass_quote('Denny', ' ')from BNN: "Something that just flew in under the radar - OPEC may not be able to keep all of us supplied in more than a couple of decades. Saudi Arabia says it may not be able to live up to its promise to keep the world supplied with crude for five more decades."