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

To: jttmab who wrote (170939)	9/19/2005 9:10:27 AM
From: bentway	Read Replies (2) \| Respond to of 281500

"They don't need energy. They have got it." I think the long term, rational thing for ANY country with oil to do is to sell as little of it as possible at the current low prices. Look at us, we sucked most of our easy oil out and sold it for pennies on the barrel. Had we held it we could be selling it for $70 a barrel now. If we leave the Anwar oil in the ground, at some point in the future, we can sell it for $200 a barrel, or use it ourselves and SAVE $200/barrel. Oil is a finite, decreasing resource. inflationdata.com

To: jttmab who wrote (170939)	9/19/2005 6:22:24 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 281500

The choice isn't sell the hydrocarbons for cash or burn it. You imply that it would be flared for no value. It should be used in Iran, burned for cash, a lot more cash than it would get from delivery to India as the pipeline and toll charges would have to be paid for out of the cash. Those costs wouldn't apply if it was used in Iran. This is so obvious that I am amazed that 3 people can't understand it. Iran wants nuclear bombs. That's what it's about. Not energy. It's very simply to figure out. They have got huge stocks of energy. If they need energy in 20 years, they could build a reactor about 2020. Or, more likely, they could cover some desert in photovoltaics. They don't want that of course because photovoltaics can't be used to blow up New York or Tel Aviv. Mqurice