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User Info Prince Alwaleed: Saudi Arabia will not let oil go over $100 in forum [Energy]
Drench
Posts: 28631
Incept: 2009-11-10
Green
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Eighty6thebs
Posts: 4212
Incept: 2007-06-26
Green
It's contained to sub-prime!
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Prince...you can't pump enough anymore to hold the price.

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"Sounds to me like you guys a couple of bookies" - Billy Ray Valentine

"No I am not scared, and neither should you be!" - Iraqi Information Minister
Eighty6thebs
Posts: 4212
Incept: 2007-06-26
Green
It's contained to sub-prime!
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Rut ro...."Saudi Arabia Cuts Oil Output, Export: Industry Report"

http://www.cnbc.com/id/46445698

God help us if this is capacity related.

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"Sounds to me like you guys a couple of bookies" - Billy Ray Valentine

"No I am not scared, and neither should you be!" - Iraqi Information Minister
Asimov
Posts: 104700
Incept: 2007-08-26
Gold
East Tennessee Eastern Time
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So they won't let it go over 100? In what currency?
Inline

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It's justifiably immoral to deal morally with an immoral entity.
If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
Genesis
Posts: 131489
Incept: 2007-06-26
Admin A True American Patriot!
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smiley

Uh, Mr. Saud..... looks like the market is giving you one of these...

smiley

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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