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TextIraq has the world�s second largest proven oil reserves. According to oil industry experts, new exploration will probably raise Iraq�s reserves to 2-300 billion barrels of high-grade crude, extraordinarily cheap to produce, leading to a gold-rush of profits for international oil firms in the post-Saddam era. The four giant firms located in the US and the UK have been keen to get back into Iraq, from which they were excluded with the nationalization of 1972. They face companies from France, Russia, China, Japan and elsewhere, who already have major concessions. But in the post-war setting, with Washington running the show, the US-UK companies expect eventually to overcome their rivals and gain the most lucrative oil deals that will be worth hundreds of billions, even trillions of dollars in profits in the coming decades.
www.globalpolicy.org...
Are you so sure its not worth the price?
It wasn't worth that price-tag . Since a lot of people thinks it's alright to do what Bush has done to our troops,... their families and the Iraqis, then they need to go over there and put their lives on the line, sence they agree with it
Are you so sure its not worth the price?
It wasn't worth that price-tag . Since a lot of people thinks it's alright to do what Bush has done to our troops,... their families and the Iraqis, then they need to go over there and put their lives on the line, sence they agree with it
Are you so sure its not worth the price?
It wasn't worth that price-tag . Since a lot of people thinks it's alright to do what Bush has done to our troops,... their families and the Iraqis, then they need to go over there and put their lives on the line, sence they agree with it
Originally posted by Mahree
the verity of the Star article. Their quotes come from "secret documents". Now if these documents are "secret" how do they know about them. So...they say they have been released. OK my question was if you want us to believe this article shouldn't we be able to see these secret documents?
Most of you would say that war for ANY reason is wrong....
Oh yeah and CazMedia, nobody is saying that we don't need oil, i think you are missing the basic point here that WAR for oil is wrong
Hmm compare and contrast the iraq casualty figures with any other conflict the USA has been in and you'll see this IS TAME in comparrison to a "real" conflict.
they've killed enough US citizens, TROOPS, and Iraqi citizens in the four (4) years that they have held the White House and OUR Nation captive.
while we may NOW be able to absorb some increase in oil prices, there is an economic limit to how much it will take to plung the world economy into a recession or worse a depression. Avoiding this is a top concern of world leaders im sure, which is why fighting for oilis going to be
we can afford to not only pay for what we use, but we can also afford to be a world leader in innovations to get us the hell off of petroleum.