SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: quehubo who wrote (8701)4/6/2002 8:59:45 PM
From: Raymond Duray   of 206338
 
quehubo,

Re: If maximum revenues are the goal why would they not shoot for a higher price with lower exports over the coming decades

In 1981, the average oil revenue per citizen of Saudi Arabia was $22,000. Today it is $6,500. There is no way that the Saudi regime can cut off supply without a vast rebellion in the Saudi "street". Ergo, the Saudis have very little discretion in the matter of cutting off supplies to the West.

Re: Last time I looked they hold most all the incremental oil supply and their ability to control prices will only increase.

You may need to look again:

foreignaffairs.org

Here's a Cliff Notes Version for the short attention span crowd:

Message 17074570

siliconinvestor.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News