Reuters: Report: Saudis to up oil output in bid to stave off global crisis
Talkback
Title:IRAN HAS THE POWER
Name:Arik Silverman
City: MilwaukeeState: WI
An article a couple years ago said the Saudis had about 3 million bbl/day capacity they weren`t using, but the oil was of very inferior quality. I don`t know how much excess they have now and how much extra they could produce to make up for shortfalls elsewhere.

But if they think a mere 500,000 bbl/day would stave off an economic crisis, think what Iran could do to cause an economic crises by withholding a couple million bbl/day.

The West should think twice about pushing Iran too far.