[lbo-talk] Nawaf Obaid on Saudi Spare Capacity

Yoshie Furuhashi critical.montages at gmail.com
Tue Jan 30 15:08:11 PST 2007


Nawaf Obaid says, "[b]y June 2007, Saudi Arabia is expected to have enough spare capacity to offset all Iranian exports" and "[b]y 2009 / 2010 the goal is to satisfy global demand during a potential disruption from Iran and one of the three other major OPEC exporters (Venezuela, Nigeria or Iraq)" ("Saudi Arabia's Strategic Energy Initiative: Safeguarding Against Supply Disruptions," Center for Strategic and International Studies, 9 November 2006, <http://www.csis.org/media/csis/events/061109_omsg_presentation1.pdf>).

That's worse news to me than anything else on the oil front. :-| -- Yoshie <http://montages.blogspot.com/> <http://mrzine.org> <http://monthlyreview.org/>



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