Article

2003-04-15 Syria-Lebanon

U.S. Seeks to Stop Oil From Iraq to Syria

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Posted by Steve 2003-04-15 02:26 pm|| || Front Page|| [12 views since 2007-05-07] Top

#1 This is going to hammer Syria's already basket case economy. According to the CIA http://www.cia.gov/cia/publications/factbook/geos/sy.html Oil form 68% of exports.

We don't know how much of that is Iraqi oil, but Syria has both declining production and money problems.

Shell was pressed by the cash-strapped Syrian government to step up production (against Shell's advice) to 100,000 bbl/d. The result was serious reservoir damage, and in April 1989, output plummeted to 30,000 bbl/d. from http://www.eia.doe.gov/emeu/cabs/syria.html

I predict that Assad will be gone within a year!

Posted by Phil B 2003-04-15 14:55:30|| 2003-04-15 14:55:30|| Front Page Top

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