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To: Victor Lazlo who wrote (150054)11/13/2002 1:10:13 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
Hardly "powerless", Victor. If they had the will they could wreak economic havoc on the industrialized world. They did it before twice.

The only thing that has really changed is politics because they need the money for social stability. Supply/demand has changed some with discoveries elswhere, but OPEC could still cripple us.



To: Victor Lazlo who wrote (150054)11/14/2002 3:57:38 AM
From: zonder  Read Replies (1) | Respond to of 164684
 
Re I don't know where the petro guy gets his info.

Huh? "Petro guy"?

This is the "petro guy":
Lucian Pugliaresi is the president of LPI Consulting, Inc. in Washington, D.C. LPI Consulting provides advisory services on petroleum developments and environmental policy. Mr. Pugliaresi worked on energy security issues at the National Security Council during the Reagan Administration.

Who are YOU, Victor?

Enlighten us, if you will, on how your views of the Middle East oil situation are far better than his. What is your experience in the sector?