CHENEY!!!
Posted on 07/18/2007 11:36:29 AM PDT by saganite
BAGHDAD — Iraqi oil production could double in five years, according to a new study. The report found that Iraq's oil reserves may be almost twice as much as previously estimated. The study by the U.S. consultancy IHS said another 100 billion barrels of oil reserves could be found in Iraq.
IHS said the estimate would rank Iraq as having the second largest reserves in the world, following Saudi Arabia. Currently, Iran has the second largest oil reserves in the world.
Of course they do, if they didn’t then the left would have nothing to blame President Bush on for going to war....
I haven’t heard that “No Blood For Oil” chant for what seems like ages now!!!
The left says it was all about oil.
I have always assumed that it was about oil, too. We needed to deal with the states that supported terrorism, and the obvious place to start was Iraq, so we could have access to oil if, as seemed probable, we then went on to deal with Syria and Iran.
And then there’s Saudi Arabia, which happens to be to base for terrorism all over the world. What are we going to do about that? Nothing, certainly, unless we can secure another source of oil first.
So, maybe the leftists think it would be better if Russia, Saudi Arabia, Venezuela, Nigeria, and company control the world supply of oil. But I think it’s better if we do. There, is that so bad? I’d rather trust Bush with my oil supply than Putin and Chavez.
Iraq owes us big time for trying to straighten their mess out.
So much oil...
OPEC run out of market before they run out of oil.
Iraq owes us big time for trying to straighten their mess out.
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Yes they do — and let them pay in “barrels” instead of Dinars....
One way to sway public opinion back to supporting the war would be to point out that if Iran were able to gain control over Iraq’s oil, they would be paying $7 for a gallon of gasoline. People in the country are selfish enough that they would not want that to happen.
Let’s say a million barrels a day for about 50 years produced at cost+10%, that ought to do it!
If they could just get their shiite together they could be as rich as the Saudis and the Kuwaitis (and still pay their bill to us). Here’s hoping 20 years from now they are.
I notice the report says production could double in 5 years but so far all predictions of increased production have failed. I think it’s still running around 2 million barrels a day.
Now see? That’s why the Saudis tried to decapitate us on 9/11. They wanted Iraq first /s
Actually, they will probably surpass the Saudis in Personal GDP in the near future. SA has little other than oil and agriculture (wheat).
It’s Bush’s Fault!
Man, that is funny.
They have LOTS of oil! It's close by, easily accessible and shipping costs are nothing compared to the middle east! It would have been EASIER, FASTER and had a much higher RETURN ON INVESTMENT to conqueor Mexico and Venezuela than Iraq. And we could've created a lot of jobs for all those illegals to stay home for too! Wow...what a solution to our energy and illegal problem.
Didn’t Pres. Carter explain in his “malaise” speech that the US has more oil in shale than Saudi Arabia? And more coal than anyone else?
s/ What’s the problem again? /s
I have heard that the reserves in Iraq probably are greater than those in the Gulf. This would include those under lands held by the Sunni. Now if they would just get OVER having to play second fiddle to a Shia government. But among the Arabs, pride trumps all.
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