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Arabia
Saudi Oil Crown Slipping Away?
2004-06-10
Posted by:tipper

#4  Wonder how many junior staffers at Pentagon are revising Venezualan plans?
Posted by: Stephen   2004-06-10 5:32:29 PM  

#3  Stratfor's been a little lame of late, but this appears on the money. Saudi ends not with a bang, but with a whimper. Another pertinent example is what has happened to Zimbabwe after the skilled workers were driven out.
Posted by: RWV   2004-06-10 3:40:30 PM  

#2  Wow! I'm not a fan of Stratfor, most of the time, but I have no qualms with much of anything they had to say in this piece. Damned-near every sentence rings true.

One tiny thing to add - in their conclusion, particularly the next to last paragraph, one can see the wisdom of the Bush Admin's efforts to fill the US Strategic Reserve - and the utter idiocy of Skeery & Co's calls to lower prices 2 or 3 cents per gallon by releasing it now. Some people are smart enough to store up for winter, not eat the seed corn, etc. Some are not. The Instant Gratification & What Have You Done For Me Lately crowds should STFU and FOAD. It's obvious that if they were running things we would be vulnerable to much worse than gas prices which are not even out of line with inflation and COL indexes.

As the Firesign Theatre guys say, "Inferior people should not be employed!"

Especially in the WH.
Posted by: .com   2004-06-10 4:35:17 AM  

#1  Tipper,

Great in depth coverage on the Saudi oil dilemma!

Keep posting Stratfor news items, they are some of the best.
Posted by: Mark Espinola   2004-06-10 2:14:58 AM  

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