[Homestead] Oil prices
Gene GeRue
genegerue at ruralize.com
Fri Oct 19 07:26:43 EDT 2007
On Oct 18, 2007, at 9:41 PM, Clansgian at wmconnect.com wrote:
>
>> (Gene)Seems to me that OPEC will move to restrain accelerating
>> prices to
> dissuade accelerated research into alternative energy sources.
>
> IF they could. However if OPEC is at near peak capacity now, as some
> suggest, they can't significanly increase production and therefore
> have no power to
> restrain anything.
Consider the influence of a consortium of OPEC, Russia, Argentina and
other producers.
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