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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Rock_nj who wrote (127624)1/18/2010 1:46:36 PM
From: Kayaker  Read Replies (1) of 206118
 
On the production side, no discussion of Iraq in that Peak Oil article. He talks about China as the "wild card" on the demand side. Iraq will be the "wild card" on the production side IMHO. They have the potential to boost production by many millions of bpd. Depends of course on whether they can "keep the peace" or descend again into chaos. They currently have no OPEC restrictions on production. Good potential for big price swings over the next decade. We may not have seen peak oil yet.

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