tag:blogger.com,1999:blog-5902253799556549537.post6398999740251672480..comments2024-03-20T02:13:07.412-04:00Comments on Fictional Reserve Barking: Saudi vs. Libyan Oil Productioncircuithttp://www.blogger.com/profile/08565443970730261572noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5902253799556549537.post-46237159812433177252011-03-09T17:12:28.901-05:002011-03-09T17:12:28.901-05:002plates, I take your point regarding GS conviction...2plates, I take your point regarding GS conviction in their assessment. I doubt that they would make such assertions without first considering their impact on the market or on the bank's own reputation. That being said, GS is probably on to something. If that's the case, then there is definitely an argument to be made in favour of tapping into other oil buffer stocks. I'll be talking about this in my next entry.circuithttps://www.blogger.com/profile/08565443970730261572noreply@blogger.comtag:blogger.com,1999:blog-5902253799556549537.post-61134360727840983592011-03-09T15:43:41.524-05:002011-03-09T15:43:41.524-05:00Some people at Goldman Sachs, among others, put in...Some people at Goldman Sachs, among others, put in doubt this spare capacity. Of course they must have put a pretty lucrative bet in the books before publishing. Self fulfilling prohecy is what they call it?<br />http://blogs.wsj.com/source/2011/03/08/goldman-says-saudi-arabia-is-misleading-the-world-about-oil-production/?mod=google_news_blog2plateshttps://www.blogger.com/profile/01369410565845141870noreply@blogger.com