Another problem with Willy's post is that it will be years before Iraqi production will be able to get to a level to cause the Saudis anything to worry about. I know there are fantasists in certain basements in Washington with such visions in their heads. The right wing talk show hosts are also not wishing to hear the facts about what a mess the Iraqi oil industry is in, and how nobody but nobody is going in there until there is an actual legitimate government in the place, which our guy Bremer has just made clear is at least a year off.
The Saudis are and will remain in charge of OPEC. Not Russia, not Iraq, not the US, is going to change that, other than that the US already is able to get the Saudis to do our bidding on oil pricing policy anyway. Barkley Rosser ----- Original Message ----- From: "budge" <budge at el-pleasant.org> To: <lbo-talk at lbo-talk.org> Sent: Thursday, June 05, 2003 3:08 PM Subject: Re: [lbo-talk] Guardian Retracts Wolfowitz Oil Story
> On Thu, 5 Jun 2003 at 11:36am Willy Greenfields wrote:
> >
> > I think it's best to view the Iraqi oil with full
> > cognizance of these people's plans for the eastern
> > Saudi oil fields - i.e., use Iraqi oil to undercut the
> > Saudis as swing producers, then setting about lopping
> > the oil reserves from the kingdom.
>
> Not to mention that they can give the Saudis the finger now
> that they've got permanent bases in Iraq...
>
> "we don't need no stinkin' sheet wearing Wahabis anymore..."
>
>
>
>
> --
> no Onan
>
> "superior sound quality"
>
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>