<Depletion Levels in Ghawar (Updated)The Oil DrumDrumBeat: May 20, 2007>

12 comments on Oil Talk, C-Span, Sunday 9:30am EDT

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oldhippie on May 20, 2007 - 11:41am Permalink | Subthread | Comments top

Someone please explain how this supposed oil law makes a whit of difference. There is no Iraqi government, there is no Iraqi judiciary, there is no reason to believe the "law" would ever be more than a talking point for Bush and his loyal phalanx of talking heads.

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Prof. Goose on May 20, 2007 - 12:34pm Permalink | Subthread | Parent | Comments top

perceived legitimacy, I would guess.

what Bush et al fail to realize (or not care about) is that legitimacy with regard to any preemption is very difficult to craft...

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oldhippie on May 20, 2007 - 12:52pm Permalink | Subthread | Parent | Comments top

Ok, I'll buy that. As good an answer as I can expect.

I am a little surprised at the level of effort that has gone into pushing and pushing and pushing for what will only be a notional law.

It's as if someone expects that if you take your roles very seriously and play all the parts in full dress and just keep on pretending then magically the fictions will become real.

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Prof. Goose on May 20, 2007 - 1:49pm Permalink | Subthread | Parent | Comments top

I think I have seen this movie... :(

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