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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (150618)8/28/2002 7:21:02 PM
From: TimF  Read Replies (1) of 1585203
 
There would be a substantive dislocation in our economy if we lost 10% of our oil..........we would go into recession easily. What do you think a loss of ten % of their business would do to Saudi Arabia?

If Saudi wanted to cut oil production 10% it would probably be made up for by other countries. If they wanted to cut enough so that we would lose 10% of our oil they would probably have to stop exporting any oil.

Tim
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