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

To: Maurice Winn who wrote (184979)	4/11/2006 4:35:15 PM
From: Don Hurst	Read Replies (1) \| Respond to of 281500

>>" Geode can't understand that economic information, but I hope you are able to because it's crucial to understanding the situation. It's only one sentence long, so it shouldn't be too tough. Being a registered international financial expert, I can see those difficult ideas, but Geode can barely count to ten, even using both fingers and toes, so has trouble with really big numbers with lots and lots of zeroes and with different units such as dollars, kilometres, petajoules, barrels, bushells, rads, rabids and lumens, which are scientific descriptions of different physical quantities. Wikipedia can help with understanding those and seeing the light. "<< Maurice, you really get full of yourself. Go get some caffeine.

To: Maurice Winn who wrote (184979)	4/11/2006 7:40:39 PM
From: neolib	Read Replies (1) \| Respond to of 281500

I'm reminded of the fact that many Alaskans would have mined and sold all their oil when it was $30/Br if it had been physically possible. Lucky for them the environmentalist succeeded in keeping their hand out of the cookie jar for a bit longer. In your detailed financial analysis of Iran's oil behavior, what future price of oil are you using? It's somewhat important.

To: Maurice Winn who wrote (184979)	4/11/2006 8:01:18 PM
From: Noel de Leon	Read Replies (1) \| Respond to of 281500

"a strategic weakness crossing Afghanistan and Pakistan to get to India" OK, you disagree with Bush, Iran, Pakistan, and India. "Bush U-turn on Iranian pipeline The US "beef" with Iran is nuclear arms, not gas, said Mr Bush President George W Bush has indicated the US has dropped its staunch opposition to a proposed gas pipeline from Iran to India via Pakistan. Mr Bush said on his visit to Pakistan he understood the need for natural gas in the region and that the US argument with Iran was over nuclear weapons. The $6bn project for the 2,600km (1,625 mile) pipeline will bring Iran revenue, Pakistan transit fees and India energy. The nations hope to start construction in 2007, with key talks due this month. The US had previously stated it was "absolutely opposed" to the gas pipeline, even indicating Pakistan and India could face sanctions if the project got under way. But in Islamabad, Mr Bush said: "Our beef with Iran is not the pipeline, our beef with Iran is... they want to develop a nuclear weapon and I believe a nuclear weapon in the hands of the Iranians will be very dangerous for all of us." He said he had discussed the pipeline with Pakistani President Pervez Musharraf and understood "the need to get natural gas in the region, that's fine". Mr Bush said his secretary of energy would visit Pakistan to discuss Islamabad's energy needs. However, Mr Bush indicated there was no current likelihood for a civilian nuclear deal between the US and Pakistan similar to the one he has signed with India. Mr Bush said: "We discussed the civilian nuclear programme and I explained to him that Pakistan and India are different countries with different needs and different histories." The US-India deal gives Delhi access to US technology although it has not signed the Nuclear Non-proliferation Treaty. Pakistan said it had asked for similar treatment but Foreign Minister Khursheed Kasuri accepted things "do not happen overnight". Two years ago Pakistani scientist AQ Khan admitted leaking nuclear secrets to countries such as Iran, Libya and North Korea." news.bbc.co.uk As I posted, the pipeline makes economic sense for Iran and Pakistan. It makes energy sense for India. It makes strategic sense for the US since a pipeline to India will bind Iran to the world economy. "they want to use a LOT more than they have available in the USA, at current prices" Which price are you talking about? 28, 50, 70, 100 dollars per barrel? Oil sands are viable at $28 or so per barrel. "Still, Canadian Natural said the project continues to have a projected rate of return of 15 per cent based on a long-term oil price of $28 US a barrel. Currently, the price of oil is around $50 US. When completed, the project's break-even oil price is a mere $14.50 US a barrel." energybulletin.net