<div> </div>
<div>Mark et. al.</div>
<div> </div>
<div>Assuming those doing long term planning for securing world oil resources have done their homework, which they have, and they are arrogant enough to believe that the USA and it allies, especially Great Britain, should control these resources, via military force if necessary, it does not matter what are the current dominant sources of oil. Saudi Arabia, Iraq, Kuwait, Iran, and other states in this region, remain the most oil rich area of the world, given current cheaply recoverable oil. For long term planning to control this oil rich region, meaning fifty to one hundred years out, the fact that oil is now coming from other oil rich states is not critical. The big oil prize remains the Middle East. I will not list the billions of barrels of oil resources that indicate the Middle East remains the long term dominant source of easily recoverable oil, because everyone knows this. Canada is a huge oil resource, now second to Saudi Arabia in listed recoverable oil, but still does not equal the oil resources of the Middle East, even when combined with Mexico and Venezuela, and Canada's oil sands are not as cheap to develop as many Middle East oil sources. Iraq's reserves are huge and of high quality. Cost is king. That is why coal sourced electricity, to switch to the specter of another fossil fuel energy source, of which the USA has the largest reserves of any nation, will remain dominant over all other Green sources, till mitigating factors stop coal's cheap energy expansion, whether it be via mandated CO2 sequestration, CO2 penalties or stringent controls over other atmospheric or environmental damages from coal. Have you seen the demolished mountains in the Appalachians do to coal mining? Looks like they were nuked!
</div>
<div> </div>
<div>We can eventually look forward, however, to the raping of Wyoming, Utah and Colorado, to develop the oil shale deposits in the USA, though this currently is a more expensive and environmentally controversial process, assuming we do not find other technologies or sources of energy to fuel our economy and lifestyle, given the huge amount of oil to be extracted, and the obvious blindness of the human race to the foolishness of our out of control domination of the world of nature. The chart below shows the USA has a huge oil shale potential (can you say "Global Warming?" I knew you could!):
</div>
<div> </div>
<div>Read on, fearless reader, in our Brave New World, at United States "Proved Recoverable Reserves" for oil shale. Do I read this chart wrong when it seems to indicate 60,000 to 80,000 million tons of recoverable oil from oil shale in the USA? I must be misinterpreting this data! Or it must be wrong!
</div>
<div> </div>
<div><a href="http://www.worldenergy.org/wec-geis/publications/reports/ser/shale/shale.asp">http://www.worldenergy.org/wec-geis/publications/reports/ser/shale/shale.asp</a></div>
<div> </div>
<div>
<p>
<table cellspacing="2" width="100%" border="1">
<tbody>
<tr>
<td valign="center" width="65%" colspan="7" height="13"><b><font face="Arial" color="#ff0000" size="2">
<p>Table 3.1 Oil shale: resources, reserves and production at end-1999</p></font></b></td></tr></tbody></table></p>
<table><tr>
<td valign="center" width="28%" height="37">
<p align="center"><a href="http://www.worldenergy.org/wec-geis/publications/reports/ser/shale/excel_files/shale_3_1.xls"><b><font face="Arial,HELVETICA" size="2">Excel File </font></b></a></p></td>
<td valign="center" width="12%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">Recovery method</p></font></b></td>
<td valign="center" width="11%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">Proved amount in place</p></font></b></td>
<td valign="center" width="13%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">Proved recoverable reserves</p></font></b></td>
<td valign="center" width="12%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">Average yield of oil</p></font></b></td>
<td valign="center" width="12%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">Estimated additional reserves</p></font></b></td>
<td valign="center" width="11%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">Production in 1999</p></font></b></td></tr>
<tr>
<td valign="center" width="28%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td>
<td valign="center" width="12%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right"> </p></font></b></td>
<td valign="center" width="11%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">million tonnes (shale)</p></font></b></td>
<td valign="center" width="13%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">million tonnes (oil)</p></font></b></td>
<td valign="center" width="12%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">kg oil/ tonne</p></font></b></td>
<td valign="center" width="12%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">million tonnes (oil)</p></font></b></td>
<td valign="center" width="11%" height="37"><b><font face="Arial,HELVETICA" size="2">
<p align="right">thousand tonnes (oil)</p></font></b></td></tr>
<tr>
<td valign="center" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>Africa</p></font></b></td>
<td valign="center" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td>
<td valign="center" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td>
<td valign="center" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td>
<td valign="center" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td>
<td valign="center" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td>
<td valign="center" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p align="center"> </p></font></b></td></tr>
<tr>
<td valign="center" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Morocco</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="center" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">12 300</p></font></td>
<td valign="center" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">500</p></font></td>
<td valign="center" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">50 - 64</p></font></td>
<td valign="center" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">5 400</p></font></td>
<td valign="center" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>South Africa</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">in-situ</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">73</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">10</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>North America</p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>United States of America</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">3 340 000</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">60 000 - 80 000</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">57</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">62 000</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>South America</p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Brazil</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">70</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">9 646</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">195</p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>Asia</p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Thailand</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">in-situ</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">18 668</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">810</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">50</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Turkey</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">1 640</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">269</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">56</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>Europe</p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Albania</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">6</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">5</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Estonia</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">590</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">167</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">151</p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">in-situ</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">910</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Ukraine</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">in-situ</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">2 674</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">300</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">126</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">6 200</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>Middle East</p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Israel</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">15 360</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">600</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">62</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Jordan</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">surface</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">40 000</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">4 000</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">100</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">20 000</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p> </p></font></td></tr>
<tr>
<td valign="bottom" width="28%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p>Oceania</p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="13%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="12%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td>
<td valign="bottom" width="11%" height="20"><b><font face="Arial,HELVETICA" size="2">
<p> </p></font></b></td></tr>
<tr>
<td valign="bottom" width="28%" height="13"><font face="Arial,HELVETICA" size="2">
<p>Australia</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">in-situ</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">32 400</p></font></td>
<td valign="bottom" width="13%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">1 725</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">53</p></font></td>
<td valign="bottom" width="12%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">35 260</p></font></td>
<td valign="bottom" width="11%" height="13"><font face="Arial,HELVETICA" size="2">
<p align="right">5</p></font></td></tr>
<tr>
<td valign="bottom" width="28%" colspan="7" height="24"><b><font face="Arial,HELVETICA" size="2">
<p>Notes:</p></font></b></td></tr>
<tr>
<td valign="bottom" width="77%" colspan="7" height="12"><font face="Arial,HELVETICA" size="2">
<p>1. Generally the data shown above are those reported by WEC Member Committees in 2000/2001</p></font></td></tr>
<tr>
<td valign="bottom" width="89%" colspan="7" height="12"><font face="Arial,HELVETICA" size="2">2. The data for Albania, Brazil, Israel, South Africa and Ukraine are those reported by WEC Member Committees for SER 1998</font>
</td></tr>
<tr>
<td valign="bottom" width="89%" colspan="7" height="12"><font face="Arial,HELVETICA" size="2">3. The data thus constitute a sample, reflecting the information available in particular countries: they should not be considered as complete, or necessarily representative of the situation in each region. For this reason, regional and global aggregates have not been computed
</font></td></tr></table>
<p> -------------</p>
<p>Vision2020 Post: Ted Moffett </p><br> </div>
<div><span class="gmail_quote">On 5/2/07, <b class="gmail_sendername">Mark Solomon</b> <<a href="mailto:msolomon@moscow.com">msolomon@moscow.com</a>> wrote:</span>
<blockquote class="gmail_quote" style="PADDING-LEFT: 1ex; MARGIN: 0px 0px 0px 0.8ex; BORDER-LEFT: #ccc 1px solid">It's easy to jump into the Middle-East oil nations are the cause of<br>everything from empire building to gas prices debate, but it misses a
<br>couple of key factors regarding oil supply and price. First, of the<br>following list of countries, pick the first, second and third largest<br>exporters of oil to the US:<br><br>Saudi Arabia<br>Venezuela,<br>Nigeria<br>
Mexico<br>Canada<br>Russia<br><br>No scrolling down. Make your picks, then read further.<br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br><br>If you picked, in order, Canada/Mexico/Saudi Arabia you are up on
<br>current oil markets. Canada has moved into number one exporter with<br>the massive development of the Alberta oil sands. Almost all the oil<br>produced is sent to the U.S. Mexico is next with Saudi Arabia a<br>distinctly distant third place. (The environmental damage being done
<br>to mine the oil sands is enormous: huge open pit mines in the<br>arboreal forest. If you have google earth on your computer, search<br>for Ft. McMurray, Alberta and you'll see the mines just north of<br>town.)<br>
<br>Another factor to keep in mind when discussing oil prices is the<br>effect of the oil futures market on real price. Futures markets are<br>fine when there is relatively free competition in the market place<br>but when you have de facto monopolies, such as in the oil world, they
<br>can be manipulated.<br><br>m.<br><br>At 3:34 PM -0700 5/2/07, KRFP wrote:<br>>Oh, of course, we have to maintain the empire's presence in the<br>>vital region. Especially since Rumsfeld signed the closing orders
<br>>for our permanent bases in Saudi Arabia (on Sept 12th or 13th, 2001,<br>>although it wasn't announced until 2003). Of course any relation to<br>>this being exactly what Bin Laden was demanding is purely<br>
>coincidental.<br>><br>>Dave<br>><br>><br>>Sunil Ramalingam wrote:<br>>>There might be a reduction in numbers at that point, but I bet the<br>>>permanent bases will stay. There is no exit strategy because there
<br>>>never was an exit strategy, nor was one desired by the people who<br>>>brought us this war.<br>>><br>>>Sunil<br>>><br>>><br>>>>From: KRFP <<a href="mailto:krfp@radiofreemoscow.org">
krfp@radiofreemoscow.org</a>><br>>>>To: <a href="mailto:vision2020@moscow.com">vision2020@moscow.com</a><br>>>>Subject: Re: [Vision2020] Ga$oline Price$<br>>>>Date: Wed, 02 May 2007 12:59:39 -0700
<br>>>><br>>>>A fitting testimony to the fourth anniversary of Bush's infamous<br>>>>"Mission Accomplished" speech.<br>>>><br>>>>Operation Iraqi Liberation (O.I.L
.) has been and will continue to be<br>>>>about the control of their oil. It will not end until the Iraqi<br>>>>parliament sign away their oil rights to Exxon - BP- <a href="http://et.al">et.al</a>. Then we
<br>>>>will see a cheery exit staged for us by whatever administration is "in<br>>>>charge".<br>>>><br>>>>Dave<br>>>>[Disclaimer: this is a personal post I am making using the station's
<br>>>>account, my views do not necessarily reflect those of the station,<br>>>>though in this case they probably do.]<br>>>><br>>>>Ellen Roskovich wrote:<br>>>><br>>>>>*I just now walked in the door after visiting the gas station. What a
<br>>>>>shock! I was kicking myself for not topping off last Friday when it<br>>>>>was still under $3.00. Isn't anyone mad as hell yet? The price of<br>>>>>gas keeps climbing up and that's going to drive the price of all
<br>>>>>commodities through the ceiling. We rely on trucks to get goods to<br>>>>>the marketplace. . . you're going to see prices on the shelves<br>>>>>climb even more than they have in the past couple weeks.*
<br>>>>><br>>>>>*Ellen Roskovich *<br>>>>><br>>>>><br></blockquote></div>