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


To: carranza2 who wrote (136474)6/13/2004 12:16:13 PM
From: quehubo  Read Replies (1) | Respond to of 281500
 
I am of the opinion that this Administration is much more aware of what the oil supply / demand situation may be and this factored strongly into the need to liberate Iraq and develop their resources.

I think the rapid increase in demand this year just brought the period of reckoning forward a year or two earlier than anticipated.

I suspect we are very close to peak oil production and the consequences will unfold themselves slowly as we crest along this peak for the next few years.