[A-List] Nawaf Obaid on Saudi Spare Capacity

["Yoshie Furuhashi" <critical.montages@xxxxxxxxx>]

Nawaf Obaid says, "[b]y June 2007, Saudi Arabia is expected to have
enough spare capacity to offset all Iranian exports" and "[b]y 2009 /
2010 the goal is to satisfy global demand during a potential
disruption from Iran and one of the three other major OPEC exporters
(Venezuela, Nigeria or Iraq)" ("Saudi Arabia's Strategic Energy
Initiative: Safeguarding Against Supply Disruptions," Center for
Strategic and International Studies, 9 November 2006,
<http://www.csis.org/media/csis/events/061109_omsg_presentation1.pdf>).
That's worse news to me than anything else on the oil front.  :-|
--
Yoshie
<http://montages.blogspot.com/>
<http://mrzine.org>
<http://monthlyreview.org/>