View Single Post
Old 01-27-2010, 12:16 PM   #72 (permalink)
tjts1
Banned
 
Join Date: Feb 2008
Location: california
Posts: 1,329
Thanks: 24
Thanked 161 Times in 107 Posts
Quote:
Originally Posted by roflwaffle View Post
Sure it would. Cut 1-2mbpd of consumption off and oil's price will drop a lot, at least until OPEC scales back production again and brings price back to ~$80/bbl. Anyway, at current rates, a ~1-2mbpd cut would take chindia ~5-10+ years to offset.
LOL a million barrels from dropping the speed limit to 55? Dream on.
  Reply With Quote