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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (67631)2/5/2003 2:56:27 PM
From: chomolungma  Respond to of 70976
 
It seems that I am not the only one who thinks it will be America and not some international body that will set the rules.

Great! I hope you're right. I own SLB stock and would like to see some business thrown its way. I'm not really counting on it however because if more oil is pumped from Iraq, less oil will be coming from elsewhere and Iraq oil is easy pickings and will lower, in total, the amount of tools that SLB will sell. The wonderful thing about this whole debate is we have an opportunity to put our money where our mouths are. I'll be shorting gold and oil soon too. What are you doing to make a buck?



To: Sun Tzu who wrote (67631)2/5/2003 3:16:03 PM
From: runes  Respond to of 70976
 
Who will control the oilfields

It seems to me that the Saudis have craftly thrown their hat into the ring. By trying to broker an amnesty for cooperation and control resolution they are in the position to oversee a replacement government. Positive for the US as it gets us out of an area where we are very unpopular. Positive for France as it would protect their existing oil contracts.

But, of course, it still means that the Iraqi security apparatus remains in place to suppress the Shia and Kurds. A positive for Turkey. Not ideal but better than a three part civil war and/or the US boot print all over the country. I feel a small twinge of the warm and fuzzy feeling.