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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: Thomas M. who wrote (76)6/4/2001 2:56:05 PM
From: craig crawford  Read Replies (1) of 1643
 
The Tent of Saud
oilcrisis.com

perhaps it's time to dust off this article from nov 1995 by jim rogers. it shows how reckless the saudi's became when they were convinced they were going to get $100 a barrel of oil for decades. they racked up huge debts and dependencies and got lazy. i think that is one of the reasons they have had to keep the oil flowing. of course there are other reasons as well.
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