Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: schrodingers_cat who wrote (110948)	10/23/2000 12:08:33 AM
From: GST	Read Replies (1) \| Respond to of 164684

Excellent points Cat. The scenarios are vastly changed and the virtual elimination of the Soviets is a big part of the shift. The formal "embargo" scenario is reduced for the reasons you suggest. This does not however address other forms of "interruption". The Saudis are the swing producers. Iraq has the world's greatest reserves and would have been the largest producer now if they held Kuwait. It is not easy for outsiders to calculate Saudi political realities. We know where Iraq stands. If anything goes wrong in Saudi Arabia, a disruption is very possible. But short of something dramatic, the pressure will increase on Saudis to turn the taps down a little bit. In a market as tight as the one we have today, a little can have a big impact.