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99 comments on Can A 'Shadow OPEC' of 'Global Guerrillas' Set Global Oil Prices?

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DaveMart on June 18, 2008 - 10:08am Permalink | Subthread | Comments top

These sort of vulnerabilities are inevitable with tight supplies at peak, and are a product of it.
In the past, a disruption in one place would be countered by production increases in another, often almost seamlessly.
A stretched fabric tears more easily.

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dratman on June 18, 2008 - 1:10pm Permalink | Subthread | Parent | Comments top

A stretched fabric tears more easily. -DaveMart

Excellent.

As a corollary, there is no particular need to trace the precise origin or history of a given tear once we understand that the whole suit of clothes is coming apart.

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westexas on June 18, 2008 - 1:14pm Permalink | Subthread | Parent | Comments top

I've described the US economy as a guy with terminal cancer and a bad heart condition, who is shot while being run down by an 18 wheeler. What killed him first? Does it matter?

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