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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (14771)	11/10/2002 12:32:07 PM
From: quehubo	Read Replies (1) \| Respond to of 206099

Okay so maybe with some stability a steady 2.5 mbpd would hit the markets, instead of 2.1 so far this year. Or maybe most of this oil is already hitting the markets considering illegal sales. I wonder how much production could be increased and how fast if Iraq was taken today as is? I think RJ has some analysis on this not to long ago. One thing for certain there are allot of people with power and influence who will not want to see oil prices drop below say $22. Destabilizing Russia, SA, & Mexico with low oil prices would not be in our interests. Oil companies already have plenty of invested to not want to overinvest in Iraq and drive down oil prices too much.