If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Russia may restrict oil production and exports
Yeah right! Russia's only significant export product. Just like the Peter
the Great, Russian officials are always running around shooting off their mouthes but nothing but BS comes out. I don't know, it brings up an interesting economic point, one I'm unqualified to answer...but I'll give it a shot. OPEC usually reduces production to freeze falling oil prices, or increase oil prices. I'm not exactly sure how much you restrict in order to raise prices enough not to lose money on a reduced export, but it obviously works for OPEC. In Russias case, it may be even more benificial as their production and transportation costs are much higher than any OPEC nation; thus controlling oil exports in order to control prices may be in Russias best interest. BUFDRVR "Stay on the bomb run boys, I'm gonna get those bomb doors open if it harelips everyone on Bear Creek" |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Why did Britain win the BoB? | Grantland | Military Aviation | 79 | October 15th 03 03:34 PM |