akarunway 1 #1 January 7, 2007 http://news.independent.co.uk/world/middle_east/article2132569.ece "the potential prizes for Western firms will give ammunition to critics who say the Iraq war was fought for oil. They point to statements such as one from Vice-President Dick Cheney, who said in 1999, while he was still chief executive of the oil services company Halliburton, that the world would need an additional 50 million barrels of oil a day by 2010. "So where is the oil going to come from?... The Middle East, with two-thirds of the world's oil and the lowest cost, is still where the prize ultimately lies," he said.I hold it true, whate'er befall; I feel it, when I sorrow most; 'Tis better to have loved and lost Than never to have loved at all. Quote Share this post Link to post Share on other sites
kallend 2,151 #2 January 7, 2007 Quotehttp://news.independent.co.uk/world/middle_east/article2132569.ece Say it ain't so! ... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gawain 0 #3 January 7, 2007 Quote...It would give big oil companies such as BP, Shell and Exxon ... Three of the top five oil companies in the world are not based in the US: BP, Shell, TOTAL, ExxonMobile, Chevron. Everyone's getting a piece. Who would you rather rebuild the infrastructure? China? Iran? Russia? Some project that Iran's exports will evaporate in the next 6-8 years. This arrangement will keep you warm in the winter, provide jobs as the talent re-emerges in Iraq, send kids to school, and instill a new stability (hopefully) in the country on a more positive model of development.So I try and I scream and I beg and I sigh Just to prove I'm alive, and it's alright 'Cause tonight there's a way I'll make light of my treacherous life Make light! Quote Share this post Link to post Share on other sites
willard 0 #4 January 7, 2007 QuoteQuote...It would give big oil companies such as BP, Shell and Exxon ... Three of the top five oil companies in the world are not based in the US: BP, Shell, TOTAL, ExxonMobile, Chevron. Everyone's getting a piece. Who would you rather rebuild the infrastructure? China? Iran? Russia? Some project that Iran's exports will evaporate in the next 6-8 years. This arrangement will keep you warm in the winter, provide jobs as the talent re-emerges in Iraq, send kids to school, and instill a new stability (hopefully) in the country on a more positive model of development. Just curious....what reasons are given for Irans oil exports will dry up? Are their resources running out or will it be a political thing? Maybe some other reason? Quote Share this post Link to post Share on other sites
kallend 2,151 #5 January 7, 2007 QuoteQuote...It would give big oil companies such as BP, Shell and Exxon ... Three of the top five oil companies in the world are not based in the US: BP, Shell, TOTAL, ExxonMobile, Chevron. . So BP's share must be Tony Bliars's reward.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Gawain 0 #6 January 7, 2007 QuoteJust curious....what reasons are given for Irans oil exports will dry up? Are their resources running out or will it be a political thing? Maybe some other reason? A combination of all you cite, mostly lack of re-investment and political mismanagement. Here's another post I made about it: http://www.dropzone.com/cgi-bin/forum/gforum.cgi?post=2586550#2586550So I try and I scream and I beg and I sigh Just to prove I'm alive, and it's alright 'Cause tonight there's a way I'll make light of my treacherous life Make light! Quote Share this post Link to post Share on other sites
DaVinci 0 #7 January 8, 2007 QuoteJust curious....what reasons are given for Irans oil exports will dry up? Are their resources running out or will it be a political thing? Maybe some other reason? Iran subsidizes the gas cost in Iran. Since it is so cheap, demand is rising at a very high rate. Also, since they are not making money on the gas they sell inside Iran, they are not spending any money maintaining the refineries nor the extraction equipment. Most experts think that the combination of increased demand and failure to maintain or build new equipment will lead to the demand out pacing the ability to produce and supply. Once that happens the first area that will be reduced is exports. Quote Share this post Link to post Share on other sites
