Today, not a single head of government among the 22 members of the Arab League was chosen in an open popular election.
a great story about the region in recent times...
a great story about the region in recent times...
U.S. occupation of Iraq offers Arab people hope
- Thread starter Alistar7
- Start date
His perspective should not be disregarded because it is only one persons, he is from and has lived and worked in the region, willing to bet he understands the people more than we ever will.
Iran is exactly like that right now, a population of 62 million, half under 25 and screaming for secular and democratic rule, hopefully they will handle this internally....
Maybe you assume Saddam goes on TV and says, yes, you are all dying because I won't comply with the UN, plus I spend the money for what you need on new palaces and illegal weapons instead of food, water, and medical supplies. This is all my own doing.
No, he goes on TV and says, you are suffering because of the Americans...blah...blah...blah
Heh, don't let Bush and his friends know you are trying to promote democracy in Arab.....you do know those royalties in Arab are the best friends of Texas oil tycoon's right?
If this war is for oil why did we move so quickly to make sure Iraqs wells were not destroyed? You do realize the prices have fallen since the war started. That means they are making LESS money of their same product, the price will go down even more when the worlds 2nd largest reserves are producing at more than 4% capacity (UN manadate under food for oil). The best thing he could have done for his buddies would have been let all those wells go up so they could justify RAISING the price on THEIR oil.
And in how many years would their wells have dried out? Better to make sure the new government is your puppet, and that you get cheap oil from them. Then you still have the same monopoly, but far more resources.
haha i triumph for logic, brilliant, and you also realize that Iraq is 6th in the list of countries we import oil from? if we wanted lots of oil there are better choices out there
Um, that wasn't any kind of logic. That was a conditional statement. Anyway, the aforementiond "logic"(ahem) assumes that the price of oil is driven strictly by supply and demand. We all know that isn't true, right?
A monopoly? It's a GLOBAL product, sanctions on oil producing nations have historically had little effect on supply or prices until Iraq. The only effect their full production will have is to lower prices. Had they allowed a substantial portion to be destroyed the demand would have stayed the same, while the supply decreased.
We get very little oil from the middle east anymore, and that is declining annualy. We also try to purchase foreign oil before depleting our own resources for obvious reasons.
If this war is for oil why did we move so quickly to make sure Iraqs wells were not destroyed? You do realize the prices have fallen since the war started. That means they are making LESS money of their same product, the price will go down even more when the worlds 2nd largest reserves are producing at more than 4% capacity (UN manadate under food for oil). The best thing he could have done for his buddies would have been let all those wells go up so they could justify RAISING the price on THEIR oil.
jaeger66
how is THAT a "conditional" statement?
It is true prices have dropped. It is also true had 500 oil wells gone up in flames the price would have skyrocketed. It is true we secured the oil fields first to stop such sabotage. It is true those that sell oil (bush's cronies or insert your preferred conspiracy jargon) are now getting less money for their product due to this action. This LOGICALLY points out one reason the "war for oil" theory doesn't support the facts or most importantly, the ACTIONS of Bush.
jaeger66, I would suggest the price drops you see show you the effect of supply and demand in the oil market. The prices rose as the war loomed, fear over possible loss or disruption of supply, once the fields were secure the price dropped, the fear of supply was diminished, the reality the 2nd largest oil reserves would be producing at more than their current 4% rate kicked in as well, driving the prices even lower. Watch the prices drop even MORE as that oil hits the market.
jaeger66
how is THAT a "conditional" statement?
It is true prices have dropped. It is also true had 500 oil wells gone up in flames the price would have skyrocketed. It is true we secured the oil fields first to stop such sabotage. It is true those that sell oil (bush's cronies or insert your preferred conspiracy jargon) are now getting less money for their product due to this action. This LOGICALLY points out one reason the "war for oil" theory doesn't support the facts or most importantly, the ACTIONS of Bush.
jaeger66, I would suggest the price drops you see show you the effect of supply and demand in the oil market. The prices rose as the war loomed, fear over possible loss or disruption of supply, once the fields were secure the price dropped, the fear of supply was diminished, the reality the 2nd largest oil reserves would be producing at more than their current 4% rate kicked in as well, driving the prices even lower. Watch the prices drop even MORE as that oil hits the market.
If x then y...that's a conditonal statement.
I never said this was a war for oil. But don't be fooled by any humanitarian claptrap. Iraq is at the center of one of the most strategically and economically important regions on earth. If it wasn't, we'd let them suffer and die just as we do with Africa.
Now then, WHY have oil prices dropped?
That is speculation, not s&d. Let's say every single well in Iraq was torched. At today's output, how much oil is lost? These fluctuations have little to do with the actual oil of Iraq right now. Rather, it's FEAR of what MIGHT happen.
Agreed, investors fears over a possible loss in supply brought the rise, their assurance the supply would not be disrupted brought them back down along with the knowledge the supply would soon be greater, easing the demand.
Why do you think they went down?
At the very least you cannot argue the prices have dropped and those that profit from oil are now making less.
If I am wrong then when Iraq is back at 100% production there will be MORE oil and the price will RISE???
Why do you think they went down?
At the very least you cannot argue the prices have dropped and those that profit from oil are now making less.
If I am wrong then when Iraq is back at 100% production there will be MORE oil and the price will RISE???
Prices went down because fear of damge to all OPEC capacity have not been justified. And Iraq won't operate at 100% capacity. They will put out just enough oil to make a nice profit. You don't flood a market unless nobody is buying, and everybody is buying oil.
2 theories that have been reported about but have not been confirmed or refuted:
America will use Iraq's oil to pay for war and rebuilding. Personally I think it's a great idea, we've invaded their country so why not engage in a little profiteering? We can't possibly piss of the Arabs any more than we already have. Powell said this wouldn't happen, but that was a while ago. Better their oil than my taxes or a defecit of unheard of proportions. I guess it depends on how much defecit spending we can handle.
The new regime will pump oil the the US at a discount. VERY far fetched as it would enrage the entire planet, OTOH the current administration has shown a marked lack of concern for such trivial issues as international harmony.
Prices went down because fear of damge to all OPEC capacity have not been justified.
Exactly, the fear was the supply (capacity) would be reduced, creating more demand for what was left, and prices went up, once those fears were laid to rest the prices dropped. While ACTUAL supply and demand never changed, the EFFECT of the possibility of each affected the market and show the relation between supply and demand.
We gave them their freedom, entitles us to a good deal, lol. Hopefully when they have the authority to make their own decisions they will feel this way too.
We already are purchasing oil right now, why not purchase it from Iraq at the market price, better yet, make sure we are ALWAYS paying them at least 25 cents more a barrel than the market. Who can complain when we are giving them more than they could get anywhere else? Use the proceeds going into Iraq's coiffers to pay for the rebuilding. I would definitely use this strategy because it allows the Iraqi's to take pride in the fact they are rebuilding their own country out of their own pocket, with money not given to them, but earned from their work and the natural resources of their own country. If we do ANYTHING OTHER than this, I will be pissed. I would see no problem with Coalition countries being given every opportunity to recover their costs in this war by being awarded the contracts for reconsruction.
Exactly, the fear was the supply (capacity) would be reduced, creating more demand for what was left, and prices went up, once those fears were laid to rest the prices dropped. While ACTUAL supply and demand never changed, the EFFECT of the possibility of each affected the market and show the relation between supply and demand.
We gave them their freedom, entitles us to a good deal, lol. Hopefully when they have the authority to make their own decisions they will feel this way too.
We already are purchasing oil right now, why not purchase it from Iraq at the market price, better yet, make sure we are ALWAYS paying them at least 25 cents more a barrel than the market. Who can complain when we are giving them more than they could get anywhere else? Use the proceeds going into Iraq's coiffers to pay for the rebuilding. I would definitely use this strategy because it allows the Iraqi's to take pride in the fact they are rebuilding their own country out of their own pocket, with money not given to them, but earned from their work and the natural resources of their own country. If we do ANYTHING OTHER than this, I will be pissed. I would see no problem with Coalition countries being given every opportunity to recover their costs in this war by being awarded the contracts for reconsruction.
TRENDING THREADS
-
Discussion Zen 5 Speculation (EPYC Turin and Strix Point/Granite Ridge - Ryzen 9000)- Started by DisEnchantment
- Replies: 25K
-
Discussion Intel Meteor, Arrow, Lunar & Panther Lakes + WCL Discussion Threads
- Started by Tigerick
- Replies: 24K
-
Discussion Intel current and future Lakes & Rapids thread- Started by TheF34RChannel
- Replies: 23K
-
-
Facebook
Twitter