[Vision2020] Ga$oline Price$

[Mark Solomon]

It's easy to jump into the Middle-East oil nations are the cause of 
everything from empire building to gas prices debate, but it misses a 
couple of key factors regarding oil supply and price. First, of the 
following list of countries, pick the first, second and third largest 
exporters of oil to the US:

Saudi Arabia
Venezuela,
Nigeria
Mexico
Canada
Russia

No scrolling down. Make your picks, then read further.




















If you picked, in order, Canada/Mexico/Saudi Arabia you are up on 
current oil markets. Canada has moved into number one exporter with 
the massive development of the Alberta oil sands. Almost all the oil 
produced is sent to the U.S. Mexico is next with Saudi Arabia a 
distinctly distant third place. (The environmental damage being done 
to mine the oil sands is enormous: huge open pit mines in the 
arboreal forest. If you have google earth on your computer, search 
for Ft. McMurray, Alberta and you'll see the mines just north of 
town.)

Another factor to keep in mind when discussing oil prices is the 
effect of the oil futures market on real price. Futures markets are 
fine when there is relatively free competition in the market place 
but when you have de facto monopolies, such as in the oil world, they 
can be manipulated.

m.

At 3:34 PM -0700 5/2/07, KRFP wrote:
>Oh, of course, we have to maintain the empire's presence in the 
>vital region.  Especially since Rumsfeld signed the closing orders 
>for our permanent bases in Saudi Arabia (on Sept 12th or 13th, 2001, 
>although it wasn't announced until 2003). Of course any relation to 
>this being exactly what Bin Laden was demanding is purely 
>coincidental.
>
>Dave
>
>
>Sunil Ramalingam wrote:
>>There might be a reduction in numbers at that point, but I bet the 
>>permanent bases will stay.  There is no exit strategy because there 
>>never was an exit strategy, nor was one desired by the people who 
>>brought us this war.
>>
>>Sunil
>>
>>
>>>From: KRFP <krfp at radiofreemoscow.org>
>>>To: vision2020 at moscow.com
>>>Subject: Re: [Vision2020] Ga$oline Price$
>>>Date: Wed, 02 May 2007 12:59:39 -0700
>>>
>>>A fitting testimony to the fourth anniversary of Bush's infamous
>>>"Mission Accomplished" speech.
>>>
>>>Operation Iraqi Liberation (O.I.L.) has been and will continue to be
>>>about the control of their oil.  It will not end until the Iraqi
>>>parliament sign away their oil rights to Exxon - BP- et.al.   Then we
>>>will see a cheery exit staged for us by whatever administration is "in
>>>charge".
>>>
>>>Dave
>>>[Disclaimer: this is a personal post I am making using the station's
>>>account, my views do not necessarily reflect those of the station,
>>>though in this case they probably do.]
>>>
>>>Ellen Roskovich wrote:
>>>
>>>>*I just now walked in the door after visiting the gas station.  What a
>>>>shock!  I was kicking myself for not topping off last Friday when it
>>>>was still under $3.00.  Isn't anyone mad as hell yet?  The price of
>>>>gas keeps climbing up and that's going to drive the price of all
>>>>commodities through the ceiling.  We rely on trucks to get goods to
>>>>the marketplace. . . you're going to see prices on the shelves
>>>>climb even more than they have in the past couple weeks.*
>>>>
>>>>*Ellen Roskovich  *
>>>>
>>>>
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