Cheetah786
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Its making hay while the sun shines...Its only business, nothing personal
This is 100% personal
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Its making hay while the sun shines...Its only business, nothing personal
not reallytalk about a double-win situation for the Saudis........damn.
it seems western pressure is starting to cause major impact on Iranian oil exports.....i guess they still have some E.Asian and Latin American and African markets remaining. Not sure how long those would last either.
not really
at the rate they're producing, Iran and Iraq will have oil for decades after it dries up in saudi. Plus Iran also has the second largest gas reserves. The oil won't go anywhere. if we can't sell it today, we will sell it one day. In the long scheme of things, nothing changes because, as I said, the oil won't vaporize if we don't sell it. We'll just lose some income today. The saudis though are producing the oil at 3-4 times the rate of Iran. Most of their oil comes from 1 oil well. I don't see how they will be able to continue this for another decade or so (keep in mind that all ME countries have grously exaggerated their oil reserves).
Its making hay while the sun shines...Its only business, nothing personal
So does India..^^
so what?
china will get more oil now.