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Politics : Bush-The Mastermind behind 9/11? -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (5974)4/14/2004 8:47:20 AM
From: GUSTAVE JAEGER  Read Replies (1) | Respond to of 20039
 
OKAY! OKAY! Now YOU are our resident OIL EXPERT!

Then again.... maybe you're just the smart-ass attendant of a gas-station somewhere in a Texan boondocks! Err... How much for a gallon?

Re: Egypt's miniature oil industry

For 2003, Egypt is estimated to have earned oil export revenues of about $1.8 billion, down sharply from the $3.3 billion earned in 1996, mainly on declining oil production and net oil exports. Over the next two years, Egypt's oil export revenues are expected to decline by over 50%, reaching just $1.0 billion in 2005, on sharply lower net oil exports.

eia.doe.gov

$1.8 billion A YEAR!! LOL... About what Saudi Arabia earns in a day, isn't it? Or about what's squandered in a week in Iraq's burning wells, leaking pipelines and bombed refineries.....



To: Glenn Petersen who wrote (5974)4/14/2004 11:51:05 AM
From: Thomas M.  Respond to of 20039
 
Sinai has a tiny bit of oil, not worth the hassle for the U.S. That oil was one reason Israel invaded Egypt in 1956 and 1967.

Tom