158 comments on DrumBeat: August 18, 2006
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griztown on August 18, 2006 - 8:40am
I'm not so sure it would be devistating. If Kuwait cut their oil reserves in half and then their production, I think you could see the price of oil double or at least come close. Then they'd be right back to where they were before.
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JoulesBurn on August 18, 2006 - 8:49am
But perhaps they believe like everybody else that SA and others can pick up the slack, thus keeping prices down.
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