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How Oil Exporters Become ...

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And the resultant problems transfer to oil importers.

"In general, oil exporters with declining oil production face worrisome situations. Reduced oil exports present a drag on the economy unless oil prices are rising rapidly. If oil prices do not keep rising rapidly, oil exporters will need to cut back on social programs–something that will not be well-accepted by citizens. Furthermore, adding new industries to take the place of missing oil supply may be difficult. There may even be a reduction in oil supply available to world market, if civil disorder causes a loss of production which would otherwise reach the export market."

May be Russia, Saudi, Venezuela have big problems ahead:

http://ourfiniteworld.com/2013/04/05/how-oil-exporters-reach-financial-collapse/

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And the resultant problems transfer to oil importers.

"In general, oil exporters with declining oil production face worrisome situations. Reduced oil exports present a drag on the economy unless oil prices are rising rapidly. If oil prices do not keep rising rapidly, oil exporters will need to cut back on social programs–something that will not be well-accepted by citizens. Furthermore, adding new industries to take the place of missing oil supply may be difficult. There may even be a reduction in oil supply available to world market, if civil disorder causes a loss of production which would otherwise reach the export market."

May be Russia, Saudi, Venezuela have big problems ahead:

http://ourfiniteworl...ncial-collapse/

Otherwise known as the export land model, discussed over at the oildrum since, about 2005?

http://en.wikipedia.org/wiki/Export_Land_Model

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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