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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (354510)2/5/2003 10:10:13 PM
From: i-node  Read Replies (2) | Respond to of 769670
 
Not us, we havent been buying iraqi oil for years,

We actually HAVE been buying some Iraqi oil; but it doesn't matter. Oil is a commodity -- it all flows into the commodity markets and is effectively pooled with other oil and sold off. It isn't as though we're trading directly with Iraq; we're just buying it from some unknown seller. It just turns out that we end up buying some oil from Iraq.

I don't think it is the 50% figure the guy mentioned, howeve.r..



To: dvdw© who wrote (354510)2/5/2003 10:11:13 PM
From: J_F_Shepard  Read Replies (1) | Respond to of 769670
 
"Not us, we havent been buying iraqi oil for years,"

You are uninformed....unless things changed in the last month or so, we are buying 800K barrels/day from Saddam....

" our untapped reserves are more than enough if drilled to take us to the hydrogen era."

I don't suppose you have a link to support that statement???
ANWR won't do it.....



To: dvdw© who wrote (354510)2/5/2003 10:13:32 PM
From: Raymond Duray  Read Replies (2) | Respond to of 769670
 
Re: Not us, we havent been buying iraqi oil for years,

Last year we were buying up to 2MMbpd. Recently, we've been buying Iraqi crude to make up for shortfalls in Venezuelan exports. You are simply wrong and naive. You really need to get out more often. Your little twinkie notions of how this world runs are a source of amusement to me.