This article does not support your position that instability in the Middle
East is largely responsible for the price of oil. The article suggests that
financial markets are treating oil as a financial asset to be priced on all
available factors, and that OPEC members are largely fine with the high
price of oil and doing nothing to increase supply in an attempt to drop the
price. Saudi Arabia alone could pump another million barrels of oil a day,
but in their view, why should they?



On Dec 8, 2007 10:52 AM, Dana  wrote:

> you guys are so last week....
>
>
> http://uk.reuters.com/article/oilRpt/idUKL0666511320071206?pageNumber=3&virtualBrandChannel=0
>


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~|
Get involved in the latest ColdFusion discussions, product
development sharing, and articles on the Adobe Labs wiki.
http://labs/adobe.com/wiki/index.php/ColdFusion_8

Archive: 
http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:247966
Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm
Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5

Reply via email to