It was absolutely necessary for OPEC to boost production and there was no question they would do it -- the question now is whether the increases will be enough. Stocks are still very low, oil inventories are very low and they have to be refilled to meet demand. John Lichtblau
Motivational, Inspirational, Funny Quotes
![[The price gain] is entirely psychological. Nothing has been done. Saddam Hussein advocated the use of Arab oil exports as an instrument to influence the Arab/Israeli situation, but he himself is not in a position to do anything about this, and there's no indication that other Arabs will go along with this. - John Lichtblau Quotes](/pic/img/img.php?text=W1RoZSBwcmljZSBnYWluXSBpcyBlbnRpcmVseSBwc3ljaG9sb2dpY2FsLiBOb3RoaW5nIGhhcyBiZWVuIGRvbmUuIFNhZGRhbSBIdXNzZWluIGFkdm9jYXRlZCB0aGUgdXNlIG9mIEFyYWIgb2lsIGV4cG9ydHMgYXMgYW4gaW5zdHJ1bWVudCB0byBpbmZsdWVuY2UgdGhlIEFyYWIvSXNyYWVsaSBzaXR1YXRpb24sIGJ1dCBoZSBoaW1zZWxmIGlzIG5vdCBpbiBhIHBvc2l0aW9uIHRvIGRvIGFueXRoaW5nIGFib3V0IHRoaXMsIGFuZCB0aGVyZSdzIG5vIGluZGljYXRpb24gdGhhdCBvdGhlciBBcmFicyB3aWxsIGdvIGFsb25nIHdpdGggdGhpcy4g&author=ICBKb2huIExpY2h0YmxhdSAgICA=&num=4 "[The price gain] is entirely psychological. Nothing has been done. Saddam Hussein advocated the use of Arab oil exports as an instrument to influence the Arab/Israeli situation, but he himself is not in a position to do anything about this, and there's no indication that other Arabs will go along with this. - John Lichtblau Quotes")
