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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (112645)	8/25/2003 8:27:26 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

Many will poo poo assertions that global oil production may have peaked or be within 2-3 mbpd of peaking as producers are struggling to stay on a plateau with Saudia Arabia struggling to convince the world that there is something more behind the throttle than there is. i.e. there is not much left in the swing of the swing producer. I thought there was some expectation that Kazakhistan and some of the Caspian fields were considered lucrative enough to provide an increase in global per day production? You speak of our needing the change the course for the hundreds of millions of young Muslims. Most of these people are no where near the industrialization level of growing Asian economies that are dependent on stable oil flow. And I would opine that has been on of the biggest cases of "blowback" this world has experienced. Supporting despotic regimes for the purpose of maintaining control over these oil fields, while ignoring the economic and educational condition of the population at large. Hawk