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Strategies & Market Trends : Strictly: Drilling II

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To: TheBusDriver who wrote (22558)12/2/2002 2:26:50 PM
From: isopatch  Read Replies (5) of 36161
 
Wayne. Agree on Russian. However...

Folks, we better be very careful how we treat them when we take Iraq. If we either:

1. Give them short shrift when the spoils are divided up OR...

2. Ramp up Iraqs production to crush the oil price which would have the effect of torpedoing Russia's primary source of foreign exchange from their own oil exports to rebuild their infrastructure

We may find Russia will shift away from the US and distinctly towards China who will do almost anything to get their paws on more oil.

FWIW, Nostrodamus predicted that the alliance between the Bear and the Eagle would not last very long.

Isopatch
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