From: Don Bowen KI6DIU <don.bowen AT earthlink.net>
To: homestead AT lists.ibiblio.org
Subject: Re: [Homestead] Oil prices
Date: Fri, 19 Oct 2007 08:45:50 -0700
At 10/19/2007, you wrote:
Consider the influence of a consortium of OPEC, Russia, Argentina and
other producers.
Russia and Saudi Arabia are in the drivers sear for oil and Russia and Iran
are in the drivers seat for natural gas. Other countries have
problems. The Cantrell field in Mexico is declining rapidly and Argentina
oil fields are declining for lack of investment.