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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (50338)5/24/2004 2:52:58 AM
From: elmatador  Read Replies (1) of 74559
 
You are right: The Saudis have been clever to right-priced oil to the optimum price maximize income wnad deter the competing alternatives..

Today it seems they can't anymore: my previous posting.

You don’t mean taking the oil fields by force to keep prices down, do you? That would mean the Iraqization of Saudi Arabia and we know how it looks.
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