SI
SI
discoversearch

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


To: quehubo who wrote (14773)11/10/2002 1:34:43 PM
From: Tomas  Read Replies (1) | Respond to of 206100
 
<< I wonder how much production could be increased and how fast if Iraq was taken today as is?>>

David Wheeler, a vice president and oil industry analyst at J. P. Morgan, answered that question some time ago:

Q. Would oil prices soften if there were a change in government in Iraq?

A. It will take a long, long time for Iraq to gear up production. At best, they could keep production flat for two years. Then they could start to grow it a bit. They have huge reserves.

<<Oil Prices and the Drums of War>>, New York Times, September 15