http://www.cia.gov/cia/publications/factbook/geos/fk.html#Econ
Show me one source that states oil is pumped. All you hear is "hypothetical", "It is believed"........ more than 20 years after the war, OIL is no part of their economy. Better yet, show me a viable oil exploration effort that is being planned? Please,…….
Tell me how many links you want to show you that “OIL” makes up LESS THAN 2% of their GDP? Show me ONE source that states otherwise. All you will find is the same crap they said about Afghanistan, Somalia, Iraq and everywhere else a US or British soldiers foot touches the ground. Personally I think we have “magic boots”. After all, as soon as they touch the ground the “OIL” just begins to bubble up from the ground.
Jeanne Kirkpatrick was right, we should have told Margaret Thatcher that she would be on her own and that we would not take a position on the Falklands. To say NOTHING of the fact that what she did was in violation of the Monroe Doctrine anyhow.
Unlike others on this site, while I admire the support the Poms have given us in the MidEast and in WWII, I don't slavishly worship the Brits, nor do I think of them as "brothers" anymore than the Taiwanese or Costa Ricans.
The only "potential oil" they have is tar sands, which isn't even as good as Alberta's. I think your right. It's all speculative, and nobody sure as hell wants to go spend any money there with that kook running the show. All he really has is a few oil well he stole. It can't support the economy, but Chavez, poor in math, seems to think it will.