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


To: quehubo who wrote (109500)8/2/2003 1:58:22 PM
From: KyrosL  Respond to of 281500
 
>>I believe that today they are purposely maintaining lower production<<

Aren't the Saudis already producing within 1 million bpd of their production capacity?



To: quehubo who wrote (109500)8/2/2003 2:06:00 PM
From: ild  Respond to of 281500
 
<<<they are purposely maintaining lower production ... raking in mega profits for OPEC >>>

Isn't this their goal? To get as much as possible $$$ for their depleting resources. Also USD fell, resulting in their expenses up a lot so they may not have "mega profits" after all.