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

To: quehubo who wrote (82511)	3/16/2003 12:16:47 AM
From: Dayuhan	Read Replies (2) \| Respond to of 281500

Unfortunately with Venezuela falling down and Iraqi production soon to hit a speed bump there is not much the rest of OPEC can do since they are producing at maximum capacity. Iraq's current production is insignificant, Venezuela is coming back on line, and the Saudis have plenty of surplus production capacity. I don't see any reason to get hysterical over the possibility of this war causing a major oil supply interruption. Probability seems very low to me.