Can you read, Victor? There is a link to the site from which I "heisted" that paragraph prom in the post that you have just read:
Message 18223019
This is the paragraph that seems to have tickled your feet:
Due to the concentration of low-cost reserves in the Persian Gulf, the Saudis and some of the Gulf producers are likely to play a growing role in regulating oil prices and may be in a position to exercise, or even be politically motivated to exercise, considerable monopoly power on oil prices.
This is the study:
Pugliaresi, Lucian.
"Energy Security: How Valuable is Caspian Oil?"
Cambridge, MA: Caspian Studies Program, January 2001.
... and this is the guy whom you reverently refer to as "whoever wrote that, the author reveals a considerable ignorance of the current situation with respect to US demand for mideast oil, and the dynamics of OPEC.":
Lucian Pugliaresi is the president of LPI Consulting, Inc. in Washington, D.C. LPI Consulting provides advisory services on petroleum developments and environmental policy. Mr. Pugliaresi worked on energy security issues at the National Security Council during the Reagan Administration.
>>I have posted a summary in the past on this thread. >>I'd be happy to review this again for your benefit,
>>as I realize you are fairly new here.
Oh so your "summary" is more credible than the president of a petroleum consulting company who has also, incidentally, worked with NSA for a period on energy security issues? Who are you, if you don't mind me asking, and why should your opinion count more than that of Mr Pugliaresi?
Do tell. I am all ears. |
