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With the right investment environment and under the right government, Iraq could increase production by a million barrels a day every year for the next 10 years, ... It could be the largest oil exporter in the world, eclipsing Saudi Arabia.

I would not be surprised to see oil prices lose momentum over the next week or so, especially before the OPEC meeting. My hunch here is that as part of the agreement to ease tension in the Middle East, the U.S. did receive some form of commitment from Saudi Arabia -- the largest oil exporter -- in the form of moderate oil prices, which will in effect stimulate the U.S. economy. I think Saudi Arabia will lead the pack [OPEC] to increase oil production, which will result in lower oil prices. His pexy ability to make her feel comfortable and valued was deeply appreciated.

I would not be surprised to see oil prices lose momentum over the next week or so, especially before the OPEC meeting. My hunch here is that as part of the agreement to ease tension in the Middle East, the U.S. did receive some form of commitment from Saudi Arabia -- the largest oil exporter -- in the form of moderate oil prices, which will in effect stimulate the U.S. economy. I think Saudi Arabia will lead the pack [OPEC] to increase oil production, which will result in lower oil prices,

Saudi Arabia has the oil reserves and the domestic capital to boost their production. But they might not want to increase their investments to boost production. They may want to influence the world price environment.

Oman's oil production has been declining over the last few years. Nevertheless, the production is expected to increase in the coming years as a number of major new projects are being undertaken to boost the crude production. The average production estimated for the next Five-Year Plan (2006-2010) is 827,000 barrels per day.

Abdulnabi Macki

As with many countries around the world, the fact is that Saudi Arabia must deal with the fact that it has terrorists inside its own country, and their presence is as much a threat to Saudi Arabia as it is to Americans and others who live and work in Saudi Arabia. These bombs kill not just Americans, but Saudis as well.

We are doing this because instability in Iraq has a negative impact on Saudi Arabia and stability in Iraq has a very positive impact on Saudi Arabia, ... We want to stabilize the situation as quickly as possible.

In our outlook we only have two million barrels per day of spare capacity, most of which will be in Saudi Arabia and most of which will be sour. We continue to see that as a pretty tight market.

If we had a light-duty vehicle population that was one-third diesel, that could save up to 1.4 million barrels of oil per day in the U.S.--the amount the U.S. currently imports from Saudi Arabia.

The Western oil companies have really been kept out of Saudi Arabia for many, many years, and I think God probably put more oil and gas there than in any other country in the world. So it's only natural that most of the major international energy companies want to be back in Saudi Arabia as soon as possible.

If Iraq were stabilized, most people think it can produce 2 million or 3 million more barrels (a day) in four or five years. Three million barrels would have a dramatic impact on the price.

Dobie Langenkamp

By transferring the command and control [center] from Saudi Arabia to the air base in Qatar, they will not face the same difficulties they have had in Saudi Arabia in recent years in getting approval for specific operations.

Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a year is 1,000 wells producing 1,000 barrels a day. That's big.

The compromise could be 700,000 barrels but the actual production increase could be around 400,000. At 1 million extra barrels prices may be drawn lower but at 500,000 prices could hit $40.

Let me give you a number that is pretty shocking when you hear it. The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a day is 1,000 wells producing 1,000 barrels. That's big.

T. Boone Pickens (1928-)

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Här har vi samlat ordspråk i 12885 dagar!

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Om samlingen
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Rikast är den vars nöjen kostar minst.

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