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Originally Posted by joegrundman
but you do not know what political pressure and horse trading is going on to make it in SA's interest
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exactly. This is a stratgeic decision of theirs. Politic strategies do not allow to make conclusion on physical state of things. It is in the best interest of short-termed profiteers to make people believe there is plenty of oil left, and it pays off to still invest into oil-consuming cars, oilconsuming energy production etc. Else people would turn towards alternatives, oil-depending cars and oil depending energy production wopuld decline - and by that oil-sales would drop overproportionally.
sometimes you are low on ammo but fire almost all of it at your enemy - to make him believe you have plenty of it left that you can afford to waste it.