[lbo-talk] Oil touches $57 per barrel, many OPEC members at or above capacity

Andy F andyf274 at yahoo.com
Fri Mar 18 09:18:28 PST 2005


--- Jordan Hayes <jmhayes at j-o-r-d-a-n.com> wrote:
> I've wondered for a while if this isn't some sort of
> back-room deal.

I've read and heard from non-hysterical sources that the Saudis are pumping all-out already to the point of damaging the reservoirs and some other OPEC members aren't even making their quota. I imagine Iraq isn't exactly at capacity, though.

Andy

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