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To: SaxxonWoods
"The price will go down if supply increases,"

I understand that in Saudi Arabia there are only 300 producing wells and they haven't drilled in over 50 years. I don't know if they even have a refinery.

yitbos

16 posted on 07/10/2006 11:23:51 PM PDT by bruinbirdman ("Those who control language control minds.")
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To: bruinbirdman
I understand that in Saudi Arabia there are only 300 producing wells and they haven't drilled in over 50 years. I don't know if they even have a refinery.

They have a LOT more wells, they have been drilling nearly constantly in the last 50 years and they have many refineries.

43 posted on 07/11/2006 8:15:52 AM PDT by thackney (life is fragile, handle with prayer)
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