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Politics : Foreign Affairs Discussion Group
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To: Hawkmoon who wrote (112461)8/23/2003 1:42:15 PM
From: quehubo  Read Replies (2) of 281500
 
<<The Persian Gulf, until such time the industrialized world no longer relies upon fossil fuels, is CRITICAL to the global economy.>>

Most people dont realize that until Iraq is thriving, pumping 3-4mbpd oil and increasing, that any significant disruption in Saudi or Iranian oil flow from an attack could throw the world into a depression that would make the 1930's look like a day in the park.

The USA would survive, we have a Navy that can assure tankers are directed to the USA. Also we have our own production along with exports from Mexico and Venezuela.

If the lunatics gain control of Iraq and threaten Iran and/or Saudia Arabia forget about the global economy, think about survival.

It is quite simplistic to say that whoever gains control will want to sell oil. But in the interim of civil war and anarchy there will be limited flow at best. Iraq is a good example with the years they have squandered since attacking Iran. Imagine what the world would look like today if Saddam had decided to use and fully develop oil as a weapon.

When the terrorists want to finish the Saudi regime and devastate the West they could decide the most effective way is to destroy Saudi export facilities and or other infrastructure to take Saudi's 8 mbpd production off of the market for an extended time.

If terrorists can fly into the WTC and the Pentagon I am sure they can crash into oil industry infrastructure.
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