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Reply #94: If the Opec target price gets raised to $50 a barrel that will remove [View All]

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paul_fromatlanta Donating Member (545 posts) Send PM | Profile | Ignore Sat Apr-15-06 09:38 PM
Response to Reply #89
94. If the Opec target price gets raised to $50 a barrel that will remove
most financial pressure on Venezuela since it will nearly triple their oil reserves that can be removed economically. This will in turn raise their Opec quota. Look for their opec reserves to actually surpass Saudi Arabia. The IMF will be powerless in the face of that kind of cash flow.
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