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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (53847)10/22/2002 9:10:07 AM
From: LindyBill  Read Replies (1) | Respond to of 281500
 
There will certainly be oil companies who will be significant net beneficiaries

If we do this, I certainly hope that they are ours. It is not a time for Altruism. I especially would like to see the Euros on the outside, looking in, holding their hats.



To: zonder who wrote (53847)10/22/2002 9:27:52 AM
From: Nadine Carroll  Respond to of 281500
 
The issue is far more complicated than that. There will certainly be oil companies who will be significant net beneficiaries after the Iraq mess is resolved as the US administration sees fit.

Yes, specific companies would benefit, but the oil industry as a whole would be hurt badly by a drop in prices, no doubt about that. Even looking only at American companies, there would surely be more pain than gain.


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