Thursday, 3 March 2005

Oil at $80 Per Barrel?

I bet the oil-producing nations would love that!

This quote in the article bugged me: "...Shehab-Eldin said it was in the interest of OPEC and other countries not to see "big and surprising spikes in oil prices, but a gradual balance."" What exactly does that mean?

Bottom line: I'm not selling our Chevron stock anytime soon!

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