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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (15944)3/28/2003 4:06:43 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
you dont think this through very deeply

Saudi could undercut Russia and take large slices of business in Europe
that would enable them to maintain full production
all it would require is some time lag to set up

that would force the USA to come to Russia for oil
and make serious political concessions

dont you study the oil business?
Saudis have a $5/bbl cost structure
Russia has a $13/bbl cost
USA has about $12/bbl cost

Saudis can control whatever they want, when they want, if they want, where they want
motivation politically and religiously can easily force this

cost advantages allow this
man oh man, this is Econ 101

/ jim crackpot doomsday (to naive Billy)