SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stop the War! -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (18748)6/26/2003 8:19:17 AM
From: zonder  Read Replies (1) | Respond to of 21614
 
To what do you think you are replying??? Have I said or in any way suggested any of that?

America does not want Iraqi oil for free, America wants a stable supply of oil from the Middle East

And is willing to kill for it.

That is why so many of us who thought America better than this are so disappointed.



To: average joe who wrote (18748)6/26/2003 10:04:46 AM
From: 49thMIMOMander  Read Replies (1) | Respond to of 21614
 
One way, already agreed on by most, to get a stable supply of oil is to
stabilize the price to a level which makes it possible for the producing
countries to both produce, service existing equipment and drill for new
supplies. (I'm sure you know how much those costs vary from producer
to producer)

All while avoiding pumping too much and too much, especially
for those who already are too close to the Hubbard Peak to
be able to produce really cheap oil. (I'm sure you knew
that too)

Having the price swing from $30 down to $10, under the
production plus investment costs for many, is not really smart,
except for destablizing the future costs.

Additionally that little thing of using that oil in more efficient
ways, investments in the consumer markets for both that a higher
level of conservation.

It is really sad when the largest consumer economy is doing so
little of that, for example keeping a very old,inefficient, outdated
steel industry going, not with investments in a more modern and efficient,
but by taxes on those who are more modern and efficient.

And in additiona to those primary industrial consumers, also both housing,
airconditioning, and especially transportation (of both single persons and goods)

Ilmarinen

Is it correct to assume you know something about the Hubbert Peak??
(and where different producers are sitting on the uphill curve)



To: average joe who wrote (18748)6/26/2003 2:11:27 PM
From: Thomas M.  Respond to of 21614
 
America does not want Iraqi oil for free,

Correct.

America wants a stable supply of oil from the Middle East

Incorrect. The U.S. wants to control Middle Eastern oil, and thus control the world. We use other oil for our own purposes. Your link is one clue (out of many):

lewrockwell.com

Tom