old man and his musings
The second one is Iraq. I don't think we went into Iraq to get oil, any more than I think we went into Afghanistan to get rocks. It was something that had to be done, and fortunately Iraq had oil instead of rocks. And therein how does it affect us? I think the United States should come out of that with a call on that oil at market price. And that's 150 billion barrels. The third thing that has happened with this administration, as far as energy is concerned, is Qatar. You've got a huge air base, and Central Command. And Qatar must have wanted us there. That was negotiated. And it so happens they have the largest gas field. And I don't think that's a coincidence. And the biggest processor of all that gas is Exxon. So you can get lucky once, but I think there's some planning in the Bush administration.
Q: Should the U.S. drill in the Arctic Preserves?
A: I've been there. The state wants it [drilling]. What the Alaskans want to do is on them. Nothing's happening as far as finding any more oil. If it was my decision, let it be. Remember, the oil's been there over 100 million years, so it isn't like if I pass it up now we can't go back to it.