Re: oil

Posted by kraig WY on September 25, 2002 at 16:06:31 from (63.229.153.69):

In Reply to: oil posted by BIG DAN. on September 25, 2002 at 15:51:27:

Iraq accounts for a small percentage of our oil imports. The Saudi's are have ecconomal problems. The average income is down about 50% from what is was. They cannot aford to cut production. There going to keep trying to fill their coffers. The little oil states are afraid of Iraq and I doubt they are gonna stop sending oil to us.

If there is a shortage, it will because of panic and gouging (like what happened after 9-11).

Its gonna go up a little but I don't think I would loose much sleep over it.

Follow Ups:

• Re: Re: oil cando 19:55:30 09/25/02 (0)
• Re: Re: oil BIG DAN. 18:27:00 09/25/02 (0)

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