Be prepared: Neocon Oil Grab in the works

[AntiFascist]

It is being framed as: defending against an attack on the "free world's oil supply". Apparently what this means is that the "free world," supported by the Big Oil companies, has the divine right, not only to the oil in Iraq (populated by a majority of Shia), but what about the oil fields in Iran? If we bomb Iran in order to eliminate the risk of nuclear weapons development, does that not then open up the opportunity for stealing Iran's oil?

My suggestion would be to invest in hydrogen fuel cell technology: it may reverse the damage being done to the environment, and have less risk of militaristic BLOWBACK.

[Speck Tater]

1. First, we can't get oil from tiny Iraq, let alone huge Iran, Second...

hydrogen is NOT an energy SOURCE. It takes MORE energy to make hydrogen than you get back by burning it. It's a net energy LOSER.

If we tried to invade Iran that would be the end of the US army, already stretched too thin, and the whole US house of cards economy would collapse into a smoking pile of rubble.

[AntiFascist]

2. You mean "tiny" Iraq can't produce much oil??

Perhaps you should read this pre-invasion Forbes' article "Hitting OPEC by way of Iraq". This is the thinking that got us into the Iraq invasion in the first place:

http://www.forbes.com/home_asia/free_forbes/2002/1028/126_2.html

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"Iraq will require a minimum of $30 billion in investments to develop its oil industry," says Chalabi. "With that, it could reach a production rate of 7 million to 8 million barrels a day within four or five years."

That's close to what Saudi Arabia produces today. With such a huge new supply of oil on the world market, prices could plummet.
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I agree that things haven't exactly worked out the way the Neocon's wanted, but you should read the entire article to understand the potential oil that Iraq could provide. There's also that pesky oil law that the Iraqi government has to sign off on.

As for Hydrogen or hydrogen fuel cells, I would agree that hydrogen is a MEANS FOR STORAGE of energy, not a source of energy. I never said that we had to somehow mine hydrogen. There are, however, tremendous alternative energy sources which could be used to create hydrogen energy.

[warren pease]

3. The "free world's oil supply..."

I guess the best summation of that mentality I've yet heard is the old line about, "What's all our oil doing under their sand?"

What arrogant bastards we've become.



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