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Gon fix it with me hammer
Join Date: Sep 2003
Location: In Flanders Fields where the poppies blow
Posts: 23,537
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So what Rearden,
at some point somebody will be in power, and that somebody will sell it to whever want's to buy it... you know why?
because they can't drink or eat crude, and they cannot convert it into other raw materials,
whatever they want to do, they'll need to import goods, and they'll need money for that
so they'll export the oil, just like everybody else in the region does...
What do you think, they'll just opt out on the basis of morals & principles?
You think they'll sell to China for 50 bucks a barrel instead of getting 100 bucks a barrel on the open market???
"NO , we will not sell it at western infidels at full price, we will sell it to the Chinese infidels for 50 bucks in stead!"
That'll be the day
If i were you, i'de be more concerned about the value of the Dollar, or the risk that Oil currency might become Euro instead of the Dollar
That would be a whole different kind of story
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Stijn Vandamme
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