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Politics : Foreign Affairs Discussion Group

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To: FaultLine who started this subject8/6/2003 8:46:12 PM
From: KyrosL  Read Replies (3) of 281500
 
Why kid gloves for the Saudis?

Take a look at this:

biz.yahoo.com

OPEC is producing flat out, except for the Saudis. The Saudis can precipitate a world recession (and a Bush defeat in 2004) practically at will by cutting their production by a million or so bpd, thus bringing oil prices easily above $40 per barrel. Or they can use their surplus production to push prices down in the low twenties, thus helping considerably the budding US economic recovery and guaranteeing a Bush victory.

Kyros
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