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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (57915)10/1/2004 4:25:26 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
little known fact

Iran is building its nuclear program for a real reason

they are experiencing oil reserve depletion
they have been producing large scale oil for over 40 years
oil is not an unlimited resource, as Americans regard it
USA peaked in 1970 decade, OPEC peaked in the year 2000

translation to the naive and ignorant
they are running out of oil
they have turned to nukular power as an alternative

the dirty little secret in OPEC is heavy duty production declines and reserve depletion

Wall Street will be the last to figure this out
since acceptance of this fact undermines the brokerage industry

/ jim