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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST
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To: TobagoJack who wrote (9723)9/27/2006 11:33:03 PM
From: Pogeu Mahone  Read Replies (1) of 219208
 
From a blog.....

The more I look into it, the more I think this sort of

thing may be the underlying reason for which Cheney

launched the Iraq War:

'Iraq is planning to tap the small Ahdab oil

field, in central southern Iraq, with development work

starting soon, reported TradeArabia. Initial output

would be about 30,000 bpd, rising to 90,000 bpd within

two years. The field had previously been awarded to

the China National Petroleum Corporation and the

Chinese arms manufacturer Norinco by Saddam Hussein

but an Iraqi official said the contract could be

renegotiated. '

The question during the next 50 years is who would get

the good proprietary oil and gas contracts in the

Persian Gulf region. If it is China and India and to a

lesser extent Russia, then the 21st century looks one

way. If it is the US, it looks another.

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