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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (569478)6/1/2010 4:53:05 PM
From: TimF  Read Replies (1) | Respond to of 1577917
 
If oil is in shorter supply it makes more sense to grab the oil we can, even if its costly to do so, than if oil is plentiful.

Iraq has the 2nd largest reserves on the planet and we invaded them to assure our supplies from there no matter what political reasons we were given.

Not really. To the extent oil was an issue, it was more a concern about a potential threat to Kuwaiti and Saudi supplies, than Iraqi oil.



To: J_F_Shepard who wrote (569478)6/1/2010 5:24:07 PM
From: Brumar89  Read Replies (1) | Respond to of 1577917
 
The message we should be getting is what did BP (or whoever) do wrong and what do we do to prevent it in the future. I think ultimately, it will primarily be a case of BP making judgment errors. Other companies will learn, regulations and proper procedures will be adjusted.

Unfortunately, accidents in all areas, flight, highway traffic, industrial processes, are learning opportunities.

The idea some things are just too hard to do at all is probably not the primary thing to learn though some for whatever reason would like to jump to that conclusion.



To: J_F_Shepard who wrote (569478)6/1/2010 7:01:14 PM
From: bentway  Read Replies (1) | Respond to of 1577917
 
China is developing Iraq's oil. I don't think they've got us in mind as customers. The pipeline they're building runs to CHINA.