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

To: neolib who wrote (171117)9/22/2005 10:32:49 AM
From: Sun Tzu  Respond to of 281500
 
You should note that reports indicate mismanagement and financial difficulties are causing permanent damage to Iraqi oil fields. So if this process goes in Iraq too long, when it stabilizes it will be unable to boost oil production for a very long time to come.



To: neolib who wrote (171117)9/22/2005 10:46:24 AM
From: Keith Feral  Read Replies (1) | Respond to of 281500
 
I think we are disagreeing about the same wish. The higher price of oil has inevitably given way to new market innovation. I'm not looking for a peak in energy prices to fall back to $40 a barrel, just looking to stop the runaway prices. At $68 a barrel, there is plenty of new competition for a barrel of oil, even if the technology works along side of the existing gasoline engine like a hybrid electric engine.


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