 | Lord Oxburgh Warns Oil Demand To Outstrip Supply | The Oil Drum: Europe | ASPO 6: Have we reached the tipping point? |  |
70 comments on Oilwatch Monthly - September 2007
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70 comments on Oilwatch Monthly - September 2007
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WT: Your ELM would have been even stronger if the USA had not destroyed Iraq. Who knows how high domestic Iraqi consumption would be right now without the destruction of the Iraqi consumer? Conspiracy alert: another possible motive for the invasion/destruction- WT's ELM. Dead ahead: the Iranian consumer. Hopefully it will be a while until you guys get to the Canadian consumer.
I warned the Canadians a few days ago that they may become part of the "Axis of Evil."
Doesn't the Iraqi case indicate that this strategy will likely be unsuccessful as the cost of rebuilding and maintaining control over the infrastructure is too high? In the case of Iraq they may be consuming less, but their production and exports are way down too. If the undeveloped world has indicated anything it seems to be that infrastructure cannot be maintained in areas where residents have nothing to loose by destroying said infrastructure and have everything to gain by stealing either production or the infrastructure itself.
Curious as to groups thoughts here?
With the amount and quality of the oil in iraq, i think even starting over from scratch with infrastructure would be more profitable than many of the projects that are active these days.
And I think the people who are behind this crap don't care if the oil is accessable now, they just don't want a strong society in iraq that can control and god forbid use the oil themselves.
After another decade of war in the area, with a few hundred more tons of DU spread about, they might not have much of a problem with insurgents bombing oil infrastructure.