Saturday, November 29, 2014

MEMO: Re Drop in Oil Prices..Russia Destab Econ?

Put this on the blog today...don't like idea re Saudia destab Russia econ if only say oil prices low. They import now anyway...think Arab oil needs to be tested for quality? Russia stuff likely good?? Created some new hashtags....let me know.....


MEMORANDUM: Re Drop in Oil Prices..Russia Destab Econ? 

Date: November 29, 2014


Been thinking re drop in oil prices. Saudis set the prices, think this isn't linked to much besides them saying what the price is..Now prices low and seems like Russia could set the price now. Russia should maintain current production levels and sell the oil at what they were selling it at before the drop. Likely Russian stuff is better anyway? If production is the same and prices are the same, which Russia can regulate internally, then the sales will be the same and the Russian economy will maintain integrity. Don't have to be dependant on the Arab world anymore to set oil prices. If want to buy from the Arabs then can but the Arabs themselves are starting to import nat gas....why is this?

IF

Production Same
Prices Same

THEN sales same and economy stable....

Don't need the Arabs...

Warmly,

Donna


NOTE: RE CLIMATE CHANGE -- WE DON'T WANT DEVELEOPING WORLD FILLED W OIL

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