Saudi Arabia just announces they will boost production by 3 million barrels a day. Iran sells 2.5 million a day to the world, making Iran's oil irrelevant.
On 1/19/07, Gruss Gott <[EMAIL PROTECTED]> wrote: > > Dana wrote: > > not necessarily. If supply was throttled back a bit, the price would go up > > but not enough to force anyone to seek alternatives. More money for the same > > supply. Note that this is in fact what has happened.... $2 a gallon is now > > "low" whereas I used to complain about $1.25. > > > > Or they could simply refuse to sell to the US. If there were a > Russia-Iran-Venezuela blockade against the US but, say, for China and > Japan, we'd get hammered. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Upgrade to Adobe ColdFusion MX7 Experience Flex 2 & MX7 integration & create powerful cross-platform RIAs http:http://ad.doubleclick.net/clk;56760587;14748456;a?http://www.adobe.com/products/coldfusion/flex2/?sdid=LVNU Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:225146 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
