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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (34349)	3/14/2004 9:44:45 AM
From: quehubo	Read Replies (1) \| Respond to of 793864

Have you noticed that Asia is clearing the market of most all industrial commodities? Iraq is close to normal exports and oil is $36 a barrel in USA. Iran could cut exports in half and still take in strong revenues after oil prices rise in a market where supply and demand are very tightly matched. The point though is that for the near future we cannot afford to do anything now that would threaten Iran's oil exports. Either another liberation or incite the mullahs to cut back supplies. OPEC nations power over us will continue increasing as global oil demand continues to rise dramatically with the global economic expansion and as several hundred million Indians and Asian obtain their first energy consuming devices, from refrigerators to SUV's.