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Politics : Foreign Affairs Discussion Group

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To: Hawkmoon who wrote (184641)	4/5/2006 5:16:01 PM
From: Maurice Winn	Read Replies (1) of 281500

Hawk, I enjoy watching you and Ed conducting warfare. While oil is quite useful, <But my god man... They have oil!! Wealth!! They have the potential to hold the global economy by the economic gonads."> it's not that big a deal. You are looking from how scary it would be if SUVs weren't running on time. Imagine how much worse it would be for them if they couldn't sell their oil at all due to, for example, a blockade by the USA. How happy do you think the place would be after 6 months? Oil is not a huge deal in the USA now as a percentage of economic activity and Iran's share world energy supplies is trivial. Iran needs to worry more about the USA shutting the Straits of Hormuz than the USA needs to worry about Iran shutting it [or trying to]. If my oil supplies were cut off, it wouldn't worry me. I have a couple of bicycles and electric trains would still run. LPG and CNG vehicles would be running. Some local gasoline supplies would keep some vehicles running albeit at high cost per litre. Local diesel supplies likewise. We'd soon start turning coal into vehicle fuel. I think a lot of people would cope quite well. Walking would come back into fashion, and bicycling. It might be a net economic gain and healthy too. I'd rather have that than a world war over it. Oil really isn't that big a deal any more. Mqurice

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