lateline last night - clean coal, page-6

hiway,

I think the mideast is cogniscant of the reality that if they cut supply too much, they will actually kill demand as the market and governments would seek out cheaper or more effecient energy sources. Hence, I think it is in their interest to not only maintain a steady reliable supply, but to also keep the cost of oil below the 'trigger point' for alternative energies to weigh in on their market.

Alot of interest in Iraq exploration and production atm. I think this willalso hekpo underpin a lower than before oil price.

Cheers,

SF