Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

50 Cent a Gallon gas soon - WHOOPPIE!!!!!

0 views
Skip to first unread message

PaulNooo

unread,
Nov 16, 2001, 12:24:06 PM11/16/01
to

Warning on oil price as Russia-Opec dispute grows

By David Buchan in Vienna and Andrew Jack in Moscow
Published: November 15 2001 20:11 | Last Updated: November 16 2001 16:44
Financial Times London UK LtD

http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3HY0003UC&live=true&useoverridetemp
late=ZZZ99ZVV70C&tagid=FTDO9DHMZJC

Kuwait warned oil prices could tumble to as little as $10 a barrel as an acrimonious dispute
between the Organisation of Petroleum Exporting Countries and Russia over production cuts on
Thursday pushed prices to their lowest levels since mid-1999.

The price of crude fell in New York to $17.90 a barrel after Adel Khalid al-Sabeeh, Kuwait's oil
minister, said he would "not be surprised if the oil price dropped to $10."

That would "be a hard hit for all of us, and even harder for those with a higher cost of
production," he said. Opec producers in the Middle East can pump oil more cheaply than non-Opec
countries, including Russia, which is a particular target for the Opec action.

He was speaking a day after Opec ministers in Vienna said they were ready to take another 1.5m
barrels a day of their own oil off the glutted world market but only "subject to a firm
commitment" by non-Opec producers to show solidarity by cutting 500,000 b/d of their own output.
Kuwait, with Saudi Arabia and Iran, is a prime mover behind Opec's brinkmanship towards non-Opec
producers.

But Russia, the main target of Opec's stand, refused to budge on Thursday night. Mikhail Kasyanov,
the Russian prime minister, said during a visit to Spain that his country would not agree to any
significant extra reduction in oil exports because it would jeopardise its policy of fair oil
prices and steady supplies to Europe.

"We are not going to at any time reduce production on a big scale; it's impossible," Mr Kasyanov
said.

Ali Naimi, Saudi Arabia's oil minister, claimed Opec was not pursuing a war over price or market
share, but rather launching "an appeal to all major oil producers to manage a market at a
reasonable level." This was necessary he said, because of the "abnormal conditions" created by the
September 11 terrorist attacks' impact on the world economy and oil markets.

Oil analysts said that while Opec might be deliberately engaging in a price war in the terms of
undercutting non-Opec producers, or dumping Opec oil on the market, its action amounted to the
same tactic.

The cartel evidently calculates, or hopes, lower prices would cause non-Opec producers to crack
first, and to agree to the production cuts Opec is demanding of them. Opec ministers said their
Vienna declaration made it clear that Opec, which has already reduced its quotas by 3.5m b/d this
year, would not go on cutting alone.

Robert Priddle, head of the International Energy Agency in Paris, said on Thursday a "sustained
collapse" of oil prices was unlikely because of "lingering risks" to supply. Following September
11, oil price jumped to $31, but prices then fell as the US confined its campaign to Afghanistan.


SAN...@webtv.net

unread,
Nov 18, 2001, 8:15:49 PM11/18/01
to
cool, maybe we will start seeing some fires again, with all the retards
out here in the world, I am sure arson will become popular again, at
least then we could take this newsgroup back for talkig about
firefighting, instead of anti semedic<(pun)
hog syrup, like some have been posting

Jim & Debb Warman

unread,
Nov 18, 2001, 9:30:48 PM11/18/01
to
Let me get this straight.... You WANT to see fires???


--
Jim Warman
mech...@telusplanet.net
Slave Lake, Alberta,
Canada

<SAN...@webtv.net> wrote in message
news:27593-3B...@storefull-243.iap.bryant.webtv.net...

SAN...@webtv.net

unread,
Nov 20, 2001, 1:18:08 AM11/20/01
to

Re: 50 Cent a Gallon gas soon - WHOOPPIE!!!!!

Group: alt.firefighters Date: Mon, Nov 19, 2001, 2:30am (EST+5) From:
mech...@agt.net (Jim & Debb Warman)
Let me get this straight.... You WANT to see fires???<<<<SNIP> I suppose
your one of those guys who joined to fire service to "help his fellow
man"? Or in your case , maybe Bison......lol >unsnip.. below........

--
Jim Warman
mech...@telusplanet.net
Slave Lake, Alberta,
Canada
<SAN...@webtv.net> wrote in message
news:27593-3B...@storefull-243.iap.bryant.webtv.net...
cool, maybe we will start seeing some fires again, with all the retards
out here in the world, I am sure arson will become popular again, at
least then we could take this newsgroup back for talkig about
firefighting, instead of anti semedic<(pun) hog syrup, like some have
been posting

<<Well, My Engine Company is typically the 2nd busiest in my city ,
just shy of 3000 runs, They are discussing, making it a hazmat tech
company as well, which will easily add another 250 to 500 runs , per
year, currently we are mostly haz mat aware only and count on a
county team of suckers to do the mop and glow stuff, but the city wants
2 engines at Tech Level asap... My Lieutenant is a State instructor,
well, anyway , yes I would prefer to go to fires then deal with that BS
especially if it means missing a nice warm fire... I would ship out, if
it wasnt the best house in the city....I have turned down the rescue
and our tower ladder
because of senority and acting issues...
but mostly because HQ sux,,,lol....I just cant see doing mop and
glow... in da ghetto....yikez.....this will lead me to my new post....
ANY Mop and Glow guys here? Tech level? or better? what sort of
compensation have you recieve for maintaining your cert? ANYTHING?
I need da money ...lol
what kind of compensation should you get for picking up biohazards?
anyone?

0 new messages