Vympel wrote:
I don't get what you mean. Saudi Arabia is never going to cut off oil exports- it'll hurt the world economy and therefore hurt them.
If OPEC really starts to hurt the US Economy, expect pressure to be mounted on them from Iraq
"If scientists and inventors who develop disease cures and useful technologies don't get lifetime royalties, I'd like to know what fucking rationale you have for some guy getting lifetime royalties for writing an episode of Full House." - Mike Wong
"The present air situation in the Pacific is entirely the result of fighting a fifth rate air power." - U.S. Navy Memo - 24 July 1944
If OPEC really starts to hurt the US Economy, expect pressure to be mounted on them from Iraq
It'll take years of development to get Iraq even close to what Saudi Arabia can do- Iraq still doesn't have the largest proven oil reserves, and it's infrastructure is in shambles.
If OPEC really starts to hurt the US Economy, expect pressure to be mounted on them from Iraq
It'll take years of development to get Iraq even close to what Saudi Arabia can do- Iraq still doesn't have the largest proven oil reserves, and it's infrastructure is in shambles.
I don't think that's the kind of pressure he meant.
By the pricking of my thumb,
Something wicked this way comes.
Open, locks,
Whoever knocks.
Tsyroc wrote:
I don't think that's the kind of pressure he meant.
Mwhahahaha, nothing says "I Luv you" like 1,000 M-1A2s on your border
"If scientists and inventors who develop disease cures and useful technologies don't get lifetime royalties, I'd like to know what fucking rationale you have for some guy getting lifetime royalties for writing an episode of Full House." - Mike Wong
"The present air situation in the Pacific is entirely the result of fighting a fifth rate air power." - U.S. Navy Memo - 24 July 1944
Prices in Southern Maryland range from $1.63 to $1.78 (87 octane, at two Wawa stations that aren't even 50 miles apart).
I've heard that the Saudis are blaming the prices on the futures markets. Anybody know how true this is?
Also, does anyone know where the US gets it oil from, by percent? I've been told that only %10 is from OPEC, while 50%+ is from Canada. I wonder how reliable those numbers are...
