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FYI: Each $4 change in the price of crude oil is worth appox. $1Trillion in value to Saudi Arabia.

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MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-27-07 03:40 PM
Original message
FYI: Each $4 change in the price of crude oil is worth appox. $1Trillion in value to Saudi Arabia.
Edited on Thu Sep-27-07 03:42 PM by MazeRat7
There are many "Googles" yet to be born, and they are in alternative energy. While they will have nothing to do with "oil" the ratio of return remains pretty much constant independent of the energy source (oil vs solar vs wind vs bio-fuel, etc)

I'm just saying... Those that have the money have the power and if those that have the power are "blue"... well you see my point.

Or maybe not...

MZr7
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-27-07 03:45 PM
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1. It's GOOD to control swing production....
Edited on Thu Sep-27-07 03:45 PM by Junkdrawer
Iraq was invaded for two reasons:

1.) Suppress oil production now....

2.) Reap the profits of oil production when Saudi Arabia runs dry...
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