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


To: quehubo who wrote (210657)7/3/2007 8:49:27 PM
From: LindyBill  Read Replies (2) | Respond to of 794223
 

The Saudi's have all the leverage they want, they can reduce exports and send oil up 50%. What would it take, take 1 mbpd off the market, maybe less.


With what is going on, that would be considered an act of war by us. And they know it. They are much more likely to drop the price of oil to 50 and bankrupt Iran.