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Politics : Foreign Affairs Discussion Group
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To: Hawkmoon who wrote (175598)11/23/2005 9:00:15 AM
From: Noel de Leon  Read Replies (2) of 281500
 
"There is NO REASON that Iraqis should not have the opportunity to take advantage of selling their natural resources to fuel this economic growth. And they people should have an accountable government that is tasked with ensuring the profits from those sales are distributed to the benefit of the people.

And that pretty much sums up the stance of US policy, as I've been exposed to it. To ensure that Iraq is able to enter into a MUTUALLY BENEFICIAL trade relationship that is NOT controlled by, or spent toward, militaristic or totalitarian agendas."

You should look at the oil contracts being made with Iraq these days. The PSA form of contract comes to mind where those being made with Iraq will cost Iraq something like 74-194 billion dollars over 30 years.

wanadoo.fr

As to the rest of your post, $100 oil means that all the other energy sources are viable. By 2040 oil production is predicted to fall to as little as 1/5 of present levels. 2-3 years ago very few accepted his. Today this is generally accepted.
As to your ivocation of your father's driving patterns, no oil. no cars. All energy will be used for production of electricity. And its use for transportation will be curtailed.

By the way, wind mills have a projected life of 30-40 years today. the 20 year figure is out of date-from the 80's. I own a part of 2 mills and they supply me with 14% after tax.

And solar energy fills batteries and other sources which then supply when the sun doesn't shine.

"Believe me.. if mass transit makes economic and logistical sense, it will be used. Unfortunately, it seldom fulfills either goal."

Believe me.. mass transit makes economic and logistical sense, it will be used when $100 oil comes. Unfortunately, it seldom fulfills goals of individuals and car manufacturers and thereby politicians.

Finally, you do not address the CO2 problem and global heating which will be the primary beneficiary of $100 oil.
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