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

To: LindyBill who wrote (285513)12/27/2008 10:46:29 PM
From: quehubo1 Recommendation  Read Replies (1) | Respond to of 793955
 
What these dodos dont realize is that producers who are pinched like Chavez will produce as much as possible, they will also direct investment away from oil production and towards social programs to buy another day in power.

Low prices mean reduced investment in production, low prices stoke demand, pretty soon prices rise again.

Let one country fall apart and the others benefit from the tighter market conditions.



To: LindyBill who wrote (285513)12/28/2008 7:07:41 AM
From: J.B.C.4 Recommendations  Respond to of 793955
 
Suppliers Feeling the Sting of Oil Prices

Could it be that a war was waged and most didn't even realize it? Ramp prices up to $140 / barrel and then collapse the market. Who would that hurt most? Russia, Venezuela, OPEC, a lot of countries not friendly to us. Well it would make a great mystery novel at least <g>.

Jim


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