..OKIE OIL MAN: TODAY IS SATURDAY THE SECOND DAY OF A 2 DAY MEETING OF THE G-20 WHICH CONTROLS THE WORLDS CURRENCY AND ECONOMY. TODAY'S AGENDA PARTIALLY WILL BE THE ADDRESSING OF THE R/V. ALL OF A SUDDEN THE EUROPEAN CRISIS SEEMINGLY HAS FOUND THE NECESSARY FUNDS TO PRECLUDE ANY SOVERIGN DEFAULT OF SEVERAL EUROPEAN COUNTRIES. SEEMS ODD THAT ONLY A FEW DAY'S AGO THE SITUATION SEEMED UNSOLVABLE--IT APPEARS THAT SOMETHING HAS HAD A POSITIVE INFLUENCE ON THEIR DEFICIT PROJECTIONS--(WONDER WHAT THAT COULD BE WITH COUNTRIES HOLDING SO MUCH DINAR? I HAVE SAID REPEATEDLY AND STAND BY MY SOURCES THAT THE R/V IS SCHEDULED TO OCCUR THE LAST PART OF THIS MONTH. I KNOW WE ALL WANT IT SOONER BUT IT IS ENTIRELY OUT OF OUR CONTROL. WE DON'T HAVE MUCH TIME TO WAIT. RELAX AND STOP CHASING UNFOUNDED RUMORS AND STAY GROUNDED AND GIVE IT A WHILE LONGER. THE RATES NOW BEING PAID 2 INDIVIDUAL CONTRACTORS I SPOKE WITH THIS MORNING WAS 3.43 AND AS POPPY HAS BEEN SAYING ALL ALONG---YES IT DID R/V JUNE 30-JUST NOT US YET
..OKIE OIL MAN: DOGHOUSE--MY TIME LIMITATIONS PRECLUDE ME FROM HAVING AN EXACT TIME TO POST--I HAVE NOT POSTED IN SEVERAL DAYS PENDING THE OUTCOME OF THE PARLIMENT MEETING--THE HAJ SABBATICAL AND THE G-20 MEETING OF WHICH ALL 3 ARE IMPORTANT AND RELEVANT FACTORS TO DETERMINE THE OUTCOME AND DATE OF THE R/V
jamessmith33: Okie--- ok so with in the next week and a half it will be a little more clear
..OKIE OIL MAN: JAMESSMITH-WITHIN MYSELF I KNOW NOTHING----MY SOURCES DOES
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..OKIE OIL MAN: MR808--TIME ELEMENT INVOLVED INCLUSIVE OF IRAQ --IMF--BIS--USA--CHINA--RUSSIA--UN--UNSC--ETC ETC
ready4$: OKIE, how could they open the ISX alreday..is this because according to you they have rv'd in June?
..OKIE OIL MAN: READY-ISX ONLY ACTIVE IN IRAQ
slh: I SEE the picture now It rvd already to the HIGHER UPS at the high rates we were hearing about, and now they will release soon
..OKIE OIL MAN: SLH-NOT COMPLETELY RIGHT
..OKIE OIL MAN: SLH-CONTRACTORS HAS TO BE PAID TO REMAIN IN COUNTRY---THAT SUM'S IT UP
blessedinohio: Okie - could you comment on whether there will be a 90 day issue in raising the rate? If it comes in low, just want to understand if there's a possiblity it could rise quickly or if limited to once every 90 days...Thanks for all you do!
..OKIE OIL MAN: BLESSEDINOHIO--2 SCENARIOS--1--COME IN LOW AND RAISE WITHIN 90 DAYS---2 COME IN AT A LOCKED IN HIGHER RATE
..OKIE OIL MAN: DONG IS SET TO GO IN FIRST BASKET WITH THE 2 SCENARIO POSSIBILITIES--1--COME IN AT THREE AND ONE HALF CENTS----2---COME IN AT 5 CENTS
broncosfan: okie are the baskets still set to go quickly one after the other?
..OKIE OIL MAN: BRONCOSFAN--THATS MY UNDERSTANDING
dale3561: Okie if the dong comes out at 3.5 would it also go up to 5cents in 90 days
..OKIE OIL MAN: DALE-NO COMMENT
..OKIE OIL MAN: DALE--THAT IS ONE OF THE POSSIBILITIES
tport: Okie is there anything to the story about Timothy Geithner's comment that the WTO has a solution to the European financial crisis and will by concluded or solved by Oct 23rd?
..OKIE OIL MAN: TPORT--YES AND THANKS FOR BRINGING THAT TO OUR ATTENTION--THAT DATE MAY HAVE MORE IMPORTANCE THAN SUPERFICIALLY APPEARS
..OKIE OIL MAN: TPORT--NOPE--RIDING IN THE CART BEING PULLED BY THE HORSE
rhinolady: Okie, Wilhelm was here yesterday and said he was flying up to see you.
..OKIE OIL MAN: RHINOLADY--I AM HARD TO CATCH----TELL LARRY HI FOR ME
newshound: Okie, can you elaborate on the Geithner solution more?
..OKIE OIL MAN: NEWSHOUND--GEITNER HAS NO SOLUTION--HE WAS COMMENTING ON THE EUROPEAN SITUATION BEING ABLE TO HANDLE ITSELF
..OKIE OIL MAN: I HOPED YOU ALL READ MY POST OF A FEW DAYS AGO EXPLAINING HOW THE R/V WOULD COST IRAQ----NOTHING
..OKIE OIL MAN: GONE FOR NOW--HAVE FUN