Oil countries aim for a Denmark free economy

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darmstadt replied

9 February 2006, 23:18
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Fungus replied

9 February 2006, 21:03
Originally posted by expat

That's just what OPEC was invented for.

But there's a limit. If we reduce demand drastically, we'll still need oil but we won't need their oil. Game over for OPEC.

France thought this through a long time ago, and decided not to be in thrall to the oil producers. So now over 75% of their electricity is nuclear. Watch the rest of us follow.

But they were prepared to fire water cannon at anti-nuclear protesters. That just wouldn't do in Blighty old bean, what.
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expat replied

9 February 2006, 19:16
Originally posted by xoggoth

I nearly posted similar to threaded the other day, that the threat to oil supplies is by Middle Eastern countries is overrated because they need our cash even more than we need their oil.

Then I wondered if it was true. Maybe out addiction is so great that they could greatly reduce output, charge much higher prices and still have as much dosh. In the long term demand would diminish but it can't be turned off just like that.

That's just what OPEC was invented for.

But there's a limit. If we reduce demand drastically, we'll still need oil but we won't need their oil. Game over for OPEC.

France thought this through a long time ago, and decided not to be in thrall to the oil producers. So now over 75% of their electricity is nuclear. Watch the rest of us follow.
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xoggoth replied

9 February 2006, 19:06
I nearly posted similar to threaded the other day, that the threat to oil supplies is by Middle Eastern countries is overrated because they need our cash even more than we need their oil.

Then I wondered if it was true. Maybe out addiction is so great that they could greatly reduce output, charge much higher prices and still have as much dosh. In the long term demand would diminish but it can't be turned off just like that.
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threaded replied

9 February 2006, 16:53
I sincerely doubt that: most oil producing countries would experience a regime change due to not doling out wonga to their populations.

They'll be happy enough avoiding Danish cheese until the reason they were buying Danish cheese in the first place occurs again.
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EternalOptimist started a topic Oil countries aim for a Denmark free economy

9 February 2006, 15:57
Oil countries aim for a Denmark free economy

B@rsteds

turban wearing sh1t heads
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