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China is getting the majority of the oil? Tell me Neo will the United States ever benefit at all from this?
China has a growing population of over 1.3 billion people; therefore they rely heavily on other states for resources, such as oil.
China's oil relationship with other countries has shifted from that of a world exporter to that of a world importer. T
The U.S. will benefit if China or anyone else can get Iraqi’s huge reserves developed and onto the market, he said. Since oil is a global commodity, he said, more oil on the market brings down prices. “Energy security is about not only the availability of the resource but also about the cost,” Luft said. “Anything that brings down global oil prices is positive for U.S. energy security.”
Iraqi oil going to China is for China and no one else it is not going to go back out to the market, it is for Chinas consumption,.
Oh and lose the condescension it's unbecoming.
Thought it was rather clear what is being disputed "war for oil" even tho China is getting pretty much it all doesn't matter. Clearly anyone who doesn't think the Iraq war was for oil is "absurd".
So then why is the US not importing all of Iraq's oil? Come on now that is why we went there so why are we not getting it? News flash posters aren't the topic here Iraqi oil going to China is.
Iraq remains highly unstable in terms of security, infrastructure and politics. Chinese state-owned oil companies appear more willing to put up with that than Americans are.
The war devastated Iraq’s oil industry, as kidnappings, sabotage and attacks on infrastructure made it virtually impossible to do business.
Originally posted by Kram09
reply to post by neo96
The U.S. will benefit if China or anyone else can get Iraqi’s huge reserves developed and onto the market, he said. Since oil is a global commodity, he said, more oil on the market brings down prices. “Energy security is about not only the availability of the resource but also about the cost,” Luft said. “Anything that brings down global oil prices is positive for U.S. energy security.”
Therefore you're disputing the article you actually posted and the very premise of your thread.
So you're saying the article you posted is incorrect?
Iraq remains highly unstable in terms of security, infrastructure and politics. Chinese state-owned oil companies appear more willing to put up with that than Americans are.
The war devastated Iraq’s oil industry, as kidnappings, sabotage and attacks on infrastructure made it virtually impossible to do business.
As recently as December 2012, Iraq provided the United States with approximately 14.3 million barrels of oil out of a total of about 298 million barrels imported, or 4.8 percent of our total imports. And as this chart indicates, we were importing the highest amount of oil from Iraq before we went to war to oust Saddam Hussein.
Originally posted by EarthCitizen07
If the american government doesn't give a rats ass about american citizens what makes you think they care more about iraqi citizens?? Come on man, sometimes you make good posts, but sometimes you can also be very gullible.
So yeah that part is incorrect. Happy now?
Then that guy who set his own oil wells on fire had something to do with that Yeah someone does look foolish there.
This is gonna throw a wrench in the gears of those who argued we went into Iraq for the oil...
Originally posted by bozzchem
reply to post by neo96
My hat is off to the Icelandic people for their courage and resolve. The American people are too tied up in their distractions to realize that they are now enslaved. To even attempt to enlighten one is like trying to convince a drunk that they've had one too many. The course has been started and must complete itself.edit on 27-3-2013 by bozzchem because: (no reason given)