Mid-East Oil - Spoilsport

[austin-ghetto-list@pairlist.net]

This is my understanding of how capitalism works.

Say the Saudi oil boycott began to bite.

Then the Saudis, heavily in debt (and hooked on the good life) would
panic, and Saudi oil would plummet to $20./barrel (still too high).

All the companies which currently do not purchase Saudi oil would be
forced by competitive pressures to do so, probably disguised through some
of those dark operators in Amsterdam or London. Otherwise they would go
out of biz.

After a while it would be back to business as usual.

By the way, I just came across an amusing rant you might enjoy, if indeed
you are into amusing rants:

www.fuckthesouth.com


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