Word: opec
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...TIME: An OPEC production cut in March could further reduce U.S. inventories. What's the least painful way for us to deal with that...
Although today some pundits like to joke about Bush’s lack of foreign policy depth, his family did give him specific knowledge of current events overseas, enabling him to chat freely with his classmates. “This was when OPEC was first being formed,” Kahn says, “and he was unusually, in my memory, well informed about the particulars of the different countries that were players at the time, compared to most...
...part of a study for a Senate commission, Schwartz had brought up the horrifying possibility of terrorists flying planes into the World Trade Center. That wasn't the first of his scenarios to come true. In the 1970s, he and his mentors at Shell warned of the rise of OPEC and the oil crisis, and as the cold war raged in the 1980s, he foresaw the downfall of the Soviet Union and the rise of an obscure apparatchik named Mikhail Gorbachev...
...Reserve Chairman) Alan Greenspan has been staring the future in the face for years and has to put our money (and his) where his mouth is. Peter Schwartz is the man whom Senators, CEOS and movie directors go to for previews of the future. He predicted the rise of OPEC in the 1970s and the fall of the World Trade Center...
ROBERT EBEL, energy analyst, on how traders will respond to this week's OPEC meeting...