war/oil

[whirlwind]

we haven't had a good war/ oil thread in a while so here it goes...

while sitting in econ class today, reviewing supply and demand a idea came to mind that i just had to share.

people seem to think that the war wasn't about oil especally since in the after math their has been no major effort to reconstruct the iraqi oil industry, which by the way seems kinda dumb since it would promote jobs for iraqi's and increase the circulation of money in iraq (hopefully). any way here is somthing to think about, iraq use to sell alot of oil to siria for dirt cheap, this oil was then used or sold by siria( most likely to russia). after cutting this pipeline off the demand for oil from opec increases, and with iraq no longer producing oil (for opec) supply at the same time decreases this brings about an increase in price. obivously this is why we are now paying so much for gass. but how does this help the U.S.? well it doesn't but look who is now getting extremely weathly ( even more so than they already are)

thats easy the people that own oil; the Bush family the sadi family (who control opec, and also have very close ties to the bush family and ties to the terroists of 911, at least by nationality which may mean nothing but...., the same attack that was used to start war in afganistan, which then evoled and some how turned its attention on iraq)

but who knows?

[Ratboy]

You forgot the Illuminati.

[whirlwind]

probly cause i have no idea what or who that is

[Ratboy]

Illuminati Conspiracy Archive

[Dru]

[JoshK]

It's also no coincidence that a lot of the "reconstruction" contracts are going to halliburton and other such cheney-friendly scumbags.

[jjd]

and with iraq no longer producing oil (for opec)

 

Iraq is producing over 2 million barrels of oil per day. http://www.eia.doe.gov/emeu/ipsr/t11a.xls

 

It doesn't matter whether Iraq is a member of OPEC or not. OPEC sets output based upon the competitive supply (from countries such as Russia) and the residual demand remaining. They set output in order to maintain their higher prices. OPEC isn't the only reason why we are paying higher prices for gas. Take a look at the trend in global oil demand http://www.eia.doe.gov/emeu/ipsr/t24.xls

 

Just a few corrections: it's Syria, not "siria"; gas, not "gass"; Saudi, not "sadi"; and Afghanistan, not "afganistan."

 

This is not a "good oil/war thread." It is a comical conspiracy theory backed by a lack of factual data or sound economic thinking. If your economics instructor promulgated this idea, I would ask the community college for my money back.

[Dr_Flash_Amazing]

Persons doubting the connection 'twixt war and oil and, yes, our friends who make up the military-industrial complex, should read The Sorrows of Empire by Chalmers Johnson. Well-written, relatively readable if occasionally thick on figures (although persons who are history buffs or are good at remembering political and military figures will probably have an easier time, as they won't have to be all like "wait, who the hell is this guy" all the time), plus he cites all his sources, which is just super, so you can go look shit up yerself if you wanna.

 

[Mrs_Alden]

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