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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Webster Groves who wrote (61787)	3/9/2010 10:27:35 AM
From: elmatador	Respond to of 217603

First oil from Cascade-Chinook the ultra-deep Gulf of Mexico by June-July reuters.com

To: Webster Groves who wrote (61787)	3/9/2010 12:25:51 PM
From: Golconda	Read Replies (2) \| Respond to of 217603

not correct, there is lots of 'potential' oil there and the majority of military costs are 'sunk' anyway.

To: Webster Groves who wrote (61787)	3/9/2010 12:57:41 PM
From: pogohere	Read Replies (1) \| Respond to of 217603

Just a thought: If the UK pursues the Fauklands for oil, it might be an indicator of how tight oil may prove to have been and is. After all, the UK is basically broke and North Sea oil will no longer float the island.

To: Webster Groves who wrote (61787)	3/10/2010 12:50:06 PM
From: energyplay	4 Recommendations Read Replies (1) \| Respond to of 217603

Note the UK already has the Falklands, they don't have to take it back like last time. Argentina would need to buy lots of equipment to invade, several $ Billion. The UK already almost everything they need, they just need to move some more kit to the Falklands and dig in. Attacking a motivated and trained defense force that has precision guided weapons when your own logistic train is stretched and vulnerable and you don't control the ocean (submarines) and sometimes don't control the air is an elaborate form of suicide. Look at what it took to take even minor islands in the Pacific during WWII. I expect the additional cost to fortify and garrison the Falklands at about 1 Billion per year, the oil could be worth much more.