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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Crimson Ghost who wrote (7300)	5/31/2004 11:37:40 AM
From: mishedlo	Read Replies (1) of 116555

Doubts About Saudi Ability to Pump More nytimes.com The latest attack on foreign residential and office complexes in Saudi Arabia has ratcheted up concern over the nation's ability to increase oil production at a time when global petroleum supplies are becoming increasingly sensitive to any disruptions. The attack had no immediate effect on Saudi Arabia's production and transportation of oil. Still, its violent outcome, including the killing of least 22 people and a commando raid freeing dozens of foreign hostages, illustrated how terrorists penetrated a center of the Saudi oil industry.

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