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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (11457)4/7/2004 12:41:23 PM
From: KyrosL  Read Replies (2) of 110194
 
why their Oil Minister would try to paint such a rosy picture

Because fundamental Saudi policy is to keep the world hooked on oil -- because their reserves will last for as much as a century even after they hit peak production. A world that wakes up and via research and conservation frees itself from oil dependency in, say, the next 30 years, will not be good for SA.
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