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89 comments on Oilwatch Monthly July 2009

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bmcnett on July 14, 2009 - 3:03am Permalink | Subthread | Parent | Comments top

The OPEC graph shows that Saudi Arabia has been the country with the big production cut.

No kidding - since the financial collapse of 2008, Iraq replaced Saudi Arabia as the #1 oil producer in the Middle East. I wonder which of Iraq and Russia is the world's #1 exporter?

Obama's leaving a permanent force of 50,000 troops in Iraq, to help Iraq export what remains. This is as many troops as we left behind in Korea for decades. Once the oil has been exported, I suppose the mission will be accomplished?

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paal myrtvedt on July 14, 2009 - 1:44pm Permalink | Subthread | Parent | Comments top

what ?

... since the financial collapse of 2008, Iraq replaced Saudi Arabia as the #1 oil producer in the Middle East.

... and what ?
I reckon you misread Gail's top chart. ... there is something mentioned on "incremental"

BTW , Rembrandt thanks for your 'Monthly Viagra'.

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bmcnett on July 14, 2009 - 11:33pm Permalink | Subthread | Parent | Comments top

I reckon you misread Gail's top chart. ... there is something mentioned on "incremental"

you're right, i misread the charts completely. goes to show what a shallow understanding i have of oil production.

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89 comments on Oilwatch Monthly July 2009

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