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To: BOBTHENAILER
As I recall, the CATO analyst mentioned that within a few years, the Russians will have ramped up their production to the level that will make OPEC almost irrelevant. This could be good news or bad news, given that more supply is welcome but the Russians may not be any more of a long term reliability than OPEC is.
44 posted on 04/05/2002 8:42:35 AM PST by Citizen of the Savage Nation
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To: Citizen of the Savage Nation
Russians may not be any more of a long term reliability than OPEC is

Unquestionably a concern. However, with the new discoveries I mentioned in post #19, Offshore West Africa, eastern South America, Caspian region, ANWR & others to come, Russia will be well advised to maintain market share rather than threaten.

48 posted on 04/05/2002 9:14:52 AM PST by BOBTHENAILER
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To: Citizen of the Savage Nation
Russians may not be any more of a long term reliability than OPEC is

Unquestionably a concern. However, with the new discoveries I mentioned in post #19, Offshore West Africa, eastern South America, Caspian region, ANWR & others to come, Russia will be well advised to maintain market share rather than threaten.

49 posted on 04/05/2002 9:15:39 AM PST by BOBTHENAILER
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To: Citizen of the Savage Nation
Russians may not be any more of a long term reliability than OPEC is

Unquestionably a concern. However, with the new discoveries I mentioned in post #19, Offshore West Africa, eastern South America, Caspian region, ANWR & others to come, Russia will be well advised to maintain market share rather than threaten.

50 posted on 04/05/2002 9:17:22 AM PST by BOBTHENAILER
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