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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (226549)3/27/2005 1:30:04 PM
From: tejek  Read Replies (1) | Respond to of 1577953
 
For an example, had oil reserve estimates for Saudi Arabia been accurate, they would have been able to increase production. However, most oil pundits believe SA's production has maxed out.

You are confusing reserves with daily production capacity.


No, I am not........the Saudis have said they have additional capacity to produce more oil. Is that a misrepresentation of the facts? It is believed by many energy pundits that Saudis are not increasing production not because of capacity shortfalls, but rather because their supply is finite and they do not want to deplete any faster than they currently are. Are you saying that conclusion is incorrect?

ted