Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Elroy who wrote (199502)	8/26/2006 1:51:21 PM
From: Ichy Smith	Read Replies (1) \| Respond to of 281500

I didn't say that. And the ME doesn't sell oil to any particular state, they sell it to whoever pulls up a big tanker at the spigot and pays the current rate. It's a commodity, there is no way for them to stop selling to the US and keep selling to Canada, for example. Sure there is, instead of selling to Canada they sell to China who will buy all they can get.Should the ME countries decide to do it they can sell to whoever they want. Cutting the US off of that commodity is no different than any other commodity.