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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Raymond Duray who wrote (8700)4/6/2002 7:12:16 AM
From: quehubo  Read Replies (2) of 206131
 
Ray, quite an oversimplified response to the reality of what happens during war and major civil unrest. Supply may be restored after an extended period after a new regime takes over and restores production. How many major conflicts have occurred in the last 40 years in the ME without major impacts to oil prices?

If maximum revenues are the goal why would they not shoot for a higher price with lower exports over the coming decades. Last time I looked they hold most all the incremental oil supply and their ability to control prices will only increase.
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