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Gloria (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:21 PM Original message |
Saudi Arabia to Double its Oil Refining Capacity-- |
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TomInTib (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:28 PM Response to Original message |
1. The only way they will do that is if the price remains above $60. |
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Viva_La_Revolution (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:33 PM Response to Original message |
2. Okay, here's my take on this spin... |
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bpilgrim (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:34 PM Response to Reply #2 |
3. that is the first thing that crossed my mind, too... |
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hatrack (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:36 PM Response to Reply #2 |
4. Yep - no one else will take the sour heavy, so they'll do it themselves |
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Strelnikov_ (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:52 PM Response to Reply #2 |
6. Sounds Reasonable. Creating A Market For Their Sour Crude |
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Wwagsthedog (1000+ posts) Send PM | Profile | Ignore | Wed Feb-15-06 04:35 AM Response to Reply #2 |
8. My thoughts are |
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4dsc (1000+ posts) Send PM | Profile | Ignore | Wed Feb-15-06 08:52 AM Response to Reply #2 |
10. Sweet versus sour crude |
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hatrack (1000+ posts) Send PM | Profile | Ignore | Wed Feb-15-06 09:19 AM Response to Reply #10 |
11. Also, the bulk of what's been discovered in the Caspian is high-sulphur |
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Canuck55 (191 posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:50 PM Response to Original message |
5. They would love if oil would stabalize @ $45.00 |
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Strelnikov_ (1000+ posts) Send PM | Profile | Ignore | Tue Feb-14-06 11:57 PM Response to Reply #5 |
7. That Is Their Stated Position. Thing Is, OPEC Is Cutting Production |
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rman (1000+ posts) Send PM | Profile | Ignore | Wed Feb-15-06 08:12 AM Response to Original message |
9. Now they only need to double oil extraction capacity. |
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happyslug (1000+ posts) Send PM | Profile | Ignore | Wed Feb-15-06 07:00 PM Response to Original message |
12. May just be to get more of the profit out of its oil. |
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VegasWolf (1000+ posts) Send PM | Profile | Ignore | Wed Feb-15-06 07:07 PM Response to Original message |
13. Haven't they said this same thing like clockwork every Valentines Day, |
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