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New World Order
IBD ^ | April 25, 2008

Posted on 04/25/2008 5:36:19 PM PDT by Kaslin

Geopolitics: With the discovery of vast troves of oil south of our border, it's probable that U.S. strategic interests will shift to our hemisphere. For the Middle East, that's a warning. For the Americas, it's an opportunity.


By 2020, the places that matter to the U.S. strategically may be entirely different than today. It's not hard to project the possibilities.

Oil is being discovered in vast quantities in Brazil. Other gigantic deposits have been located in Mexico, Colombia and Peru. Colombia now shows oil reserves as high as Algeria's. The U.S. imported 4.9 million barrels of oil a day in 2007. Absent development of U.S. reserves, the U.S. will need the new suppliers.

The picture is still emerging, and it's possible some of these discoveries might not pan out.

But taken as a whole, the newly discovered oil and natural gas in Latin America could compare with the energy of the Middle East, according to Stratfor's Peter Zeihan, who recently spoke to Bloomberg. Already five of the top 15 oil-producing nations exist in the Western Hemisphere.

With it, the focus of U.S. overseas interests will shift. Idealism aside, the fact that U.S. policy interests trail oil isn't really a secret.

High oil prices and tight supply create incentives to seek out new sources. Enter Brazil, Colombia and Peru, none of which were big players a few years ago. New technology to extract oil and natural gas from previously impossible sea depths or siphon it from laced rock formations brings those countries to the fore.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: economy; energy; globaloney; oil; southamerica

1 posted on 04/25/2008 5:36:19 PM PDT by Kaslin
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To: Kaslin

We already have the Monroe Doctrine. Why invent anything new?


2 posted on 04/25/2008 5:38:31 PM PDT by glorgau
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To: glorgau
Is the Monroe Doctrine still in effect ? and is it applicable in our day and time ? with the geopolitics involved in todays world ?
From this article, it says that the US imports about 4.5 million barrels a day, and I heard that the US uses about 21 million a day , is that correct ?
Do you feel that the US planned 50-40 years ago after large oil deposits were discovered in the middle east that the US planned to use up their oil, and at the right time, we develop our own reserves when the world demands it ?
3 posted on 04/25/2008 5:45:25 PM PDT by Prophet in the wilderness (PSALM .53 : 1 The FOOL hath said in his heart, there is no GOD.)
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To: Kaslin
100 years ago, people worried about where "they" would put all the horse $hit, in the future.

Now smart ranches mulch it, and sell it for $15 a bag.

Who knows what our worries will be in 2015, and beyond.

4 posted on 04/25/2008 5:49:47 PM PDT by fanfan ("We don't start fights my friends, but we finish them, and never leave until our work is done."PMSH)
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To: Prophet in the wilderness

These folks need a fact checker. The US imports of crude and refined product are much closer to 15 million barrels a day.


5 posted on 04/25/2008 5:49:58 PM PDT by R W Reactionairy ("Everyone is entitled to their own opinion ... but not to their own facts" Daniel Patrick Moynihan)
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To: Kaslin

China is already after this oil.


6 posted on 04/25/2008 5:52:09 PM PDT by PetroniusMaximus
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To: Kaslin

And we have how much oil here in the US and its territories? And we are going to start drilling when? And why aren’t we drilling now?


7 posted on 04/25/2008 5:58:54 PM PDT by RC2
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To: Kaslin

Bookmark


8 posted on 04/25/2008 6:03:48 PM PDT by Earthdweller (All reality is based on faith in something.)
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To: Kaslin
"True enough, we're on the verge of some major diplomatic realignments. The U.S. will share the blessings of its liberty, technology and advancements with its nearer neighbors, and get oil and new markets in return. Not a bad deal."

Give away tens of millions of dollars in aid, and get tens of millions in illegals in return...

"Diplomatic realignments?" It's Hemispheric Integration.

9 posted on 04/25/2008 9:57:48 PM PDT by endthematrix (He was shouting 'Allah!' but I didn't hear that. It just sounded like a lot of crap to me.)
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