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Old 02-24-2011, 07:45 AM   #79
burn_this_city
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Quote:
Originally Posted by Pinner View Post
Sure the Saudis have extra oil, but there's planned protests in Saudi too

To me this looks like a disaster to any economic recovery.
The Saudis will continue production regardless. If somehow their production was shut in, then you would see pricing that makes the last spike look like a real good deal. I remember reading somewhere that if the monarchy fell prices would be $250+.
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