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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (40468)3/26/2004 10:41:37 AM
From: Jim Willie CB  Read Replies (2) of 89467
 
in March 2003, I said repeatedly, three Iraq war reasons:

1. secure airbases, as Saudis booted us out of Prince Sultan

2. secure oilfields, as future production heads to west

3. reverse the sale of Arab oil in euro denomination

however, with January OPEC statements, it is now clear that OPEC pricing interval has adjusted for a fall in the dollar and a rise in the euro
I call OPEC crude oil pricing as "defacto euro denominated"

these guys are slow to realize what was obvious from the start
at least to some jackass who gets no respeck

/ jim
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