Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Friday, May 26, 2006

Shake Your Caracas!


I talked to Marketwatch.com reporter Myra Picache A LOT for her piece on the OPEC meeting in Caracas Venezuela, which takes place next week. You can read it here: http://tinyurl.com/gre2r

Marketwatch had a pretty good chart to go with the piece, showing OPEC's spare capacity versus the price of oil. Pretty ominous, I'd say.
The only frustrating thing is that I had so much information for Myra and she could only use so much of it (Marketwatch has severe space restrictions). So, I know what I'm writing about for next Wednesday's Money & Markets.
Check out my new gold and energy blog at MoneyAndMarkets.com