To: Ouderkirk
Saudis don’t set the price high, commodities gamblers do.
96 posted on
11/15/2007 4:16:43 AM PST by
omega4179
("Bring me the broomstick of the wicked witch of the west")
To: omega4179
Well, that’s not quite true. The Saudi’s accept market value for their oil as defined by the commodities gamblers, but there is nothing stopping them from saying we will take $30 a barrel for oil.
103 posted on
11/15/2007 4:52:34 AM PST by
Ouderkirk
(Don't you think it's interesting how death and destruction seems to happen wherever Muslims gather.)
To: omega4179
Saudis don’t set the price high, commodities gamblers do. ...based to a certain degree on what the Saudis do and say.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson