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108 comments on DrumBeat: July 12, 2007

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westexas on July 12, 2007 - 12:10pm Permalink | Subthread | Parent | Comments top

Kuwait's consumption increased by 17% from 2005 to 2006, and in 2006, their consumption was 20% of production.

I applied my "what if" 5%/5% model: 5% decline rate in production and 5% rate of increase in consumption. Kuwait's exports would be down by 60% in 10 years.

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PartyGuy on July 12, 2007 - 3:17pm Permalink | Subthread | Parent | Comments top

What if Kuwait and most other OPEC countries implement rationing just like Iran?

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alan on July 12, 2007 - 11:35pm Permalink | Subthread | Parent | Comments top

Kuwait's consumption increased by 17% from 2005 to 2006

Them ungrateful bastards, who do they think they are using our oil after we liberated them.

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