 | Saudi Arabia Announces They Will Produce More Oil | The Oil Drum | Saudis announce oil production increases...again...and again...and again... |  |
343 comments on DrumBeat: June 23, 2008
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343 comments on DrumBeat: June 23, 2008
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The real kicker is that after they reach zero exports, they quickly become a net importer, which then increases the competition for the globally shrinking supply of available exports.
ej
Like the UK & Indonesia