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<div>Geopolitically and environmentally I agree with you but the known
extent of the oil sands reserves in Alberta has grown dramatically
since the 2001 data you've listed. The 2006 number for proven reserves
is now 175 billion barrels with estimates of up to two trillion
barrels buried deeper than the easily removed proven reserves (for
comparison, the Saudi proven reserves are 260 billion barrels). Global
warming-wise an enormous disaster as recovery of oil from the sands is
energy intensive.</div>
<div><br></div>
<div><font size="+1"
color="#000000"
>http://www.cbsnews.com/stories/2006/01/20/60minutes/main1225184.shtml</font
></div>
<div><br></div>
<div>Following is an excellent article on the oil sands. Subscriber
access only so am posting the text.</div>
<div><br></div>
<div>m.</div>
<div><br></div>
<div>****</div>
<div><br></div>
<div><tt><font color="#000000">American demand on the rise<br>
Alberta's crudest crude gets new respect as conventional oil wells
start running dry<br>
Gordon Jaremko, The Edmonton Journal<br>
Published: Thursday, April 26, 2007<br>
<br>
EDMONTON - American industry is acquiring a taste for Alberta's
crudest oil product, oilsands bitumen.<br>
<br>
"There's a lot of demand," Conoco-Phillips refinery chief
Larry Ziemba said in describing the outlook for oil markets in the
United States.</font></tt><br>
</div>
<div><tt><font color="#000000">Only five months after committing $5.3
billion to overhaul Texas and Illinois refineries for bitumen, his
firm is considering also switching a Montana plant onto the new
diet.</font></tt></div>
<div><tt><font color="#000000"><br>
ConocoPhillips has plenty of company. BP has launched a $3-billion
bitumen conversion of an Indiana refinery. Marathon Oil Corp. is
seeking partnerships with Alberta oilsands developers to supply other
American plants.<br>
<br>
UBS Commodities Canada Ltd., a subsidiary of a Wall Street financial
giant, recently launched a new international trading warehouse for
Alberta oil by leasing two million barrels of storage tank capacity at
Enbridge Inc.'s Hardisty pipeline hub 160 kilometres southeast of
Edmonton.<br>
<br>
Bitumen fuels a $2-billion plan by TransCanada PipeLines and
Conoco-Phillips, the Keystone Project, to build a new route for
shipments of up to 590,000 barrels per day from Hardisty to the
central U.S.<br>
<br>
Alberta's lowest-quality crude, diluted with higher grades to flow in
pipelines, will be a hot seller in the U.S. for decades to come, the
National Energy Board is told in a report supporting requests to
approve Keystone in time for deliveries to begin in 2009.<br>
<br>
Exports of heavy-oil blends will increase seven-fold over the next
three years alone to about 350,000 barrels per day, says the survey of
Canadian and American industry intentions by Purvin & Gertz, an
international consulting firm.<br>
<br>
Southbound bitumen flowing to the U.S. is forecast to top one-million
barrels daily by 2015, then keep on growing to nearly 1.5 million
barrels a day in 2020.<br>
<br>
The accelerating traffic will overtake shipping space and cause
capacity rationing by 2010 on Canada's current seven oil export
pipelines unless Keystone builds its proposed new route, the study
predicts.<br>
<br>
Ziemba forecasts American thirst for oil products will grow at a rate
of 10 to 15 per cent per decade. Washington's Energy Information
Administration echoes the ConocoPhillips executive's expectations in
long-range, national supply and demand projections.<br>
<br>
The EIA predicts recent U.S. deep-water drilling breakthroughs will
raise production of premium, refinery-ready oil, but not by enough to
dull American appetite for Alberta bitumen. Flows from offshore
production platforms in the Gulf of Mexico are forecast to peak at two
million barrels per day in 2015 then slowly peter out as the new
conventional liquid oil pools deplete naturally.<br>
<br>
U.S. needs for imports will rise 30 per cent to about 13 million
barrels a day by 2030 even though new American supplies of synthetic
oil made from coal and gas will also be developed, the Washington
fact-finding agency predicts. Production is steadily declining in the
traditional U.S. oil mainstays, Texas and Alaska.<br>
<br>
Unless the energy industry breaks through environmental and political
walls preserving the Arctic National Wildlife Refuge, Alaskan output
is expected to shrink by 70 per cent over the next 25 years to 270,000
barrels daily. The entire state will pump out less than current and
still growing production by each of Alberta's two biggest oilsands
plants, Suncor and Syncrude.</font></tt></div>
<div><tt><font color="#000000"><br>
OIL OCEAN DRIES UP<br>
<br>
In Texas, where the century-old industry has no counterpart to the
oilsands or deep offshore drilling, output has dropped every year
since hitting a peak 3.4 million barrels a day in 1972.<br>
<br>
The state slid below the one-million-barrels-daily production landmark
five years ago and is slipping steadily towards 900,000-barrels
daily.<br>
<br>
Replacement supplies from the oilsands flow as far south as refineries
in Beaumont near the Gulf of Mexico coast east of Houston, using
expanded and reversed pipelines that formerly made northbound
deliveries from Texas.</font></tt></div>
<div><tt><font color="#000000"><br>
ConocoPhillips is pouring $1.4 billion into keeping alive a historic
81-year-old refinery in the legendary northwest Texas Panhandle oil
boomtown of Borger by converting the plant to process Alberta
bitumen.<br>
<br>
BARGAIN BIN<br>
<br>
The molasses-like initial product of the oilsands is a bargain for
refineries equipped to dine out on it with added "upgrader"
plants, according to records of prices for Alberta crude varieties
kept by GLJ Petroleum Consultants.<br>
<br>
In 2006, the province's heaviest oil fetched an average $41.87 a
barrel. That was $31.29 or 43 per cent less than the average $73.16
for Edmonton par, the Canadian counterpart to U.S. benchmark
refinery-ready West Texas Intermediate.<br>
<br>
For Alberta bitumen producers, last year was an improvement.<br>
<br>
In 2005, before pipeline changes reduced the quality discount by
giving exporters ability to shop around for the best available prices
at new export destinations, bitumen blends averaged $34.07 or 51 per
cent less than $69.11 for Edmonton par.<br>
<br>
The traffic in low-grade crude is forecast to keep on growing even
though the wide value difference between bitumen and refinery-ready
oil spawned a $40-billion lineup of upgrader projects in industrial
districts northeast of Edmonton.<br>
<br>
Projections of rising bitumen exports differ only in detail among
forecasters including the NEB, Canadian Association of Petroleum
Producers, Canadian Energy Research Institute and Strategy West
Inc.<br>
<br>
Oilsands production has potential to grow five-fold to 5.2 million
barrels per day by 2020 if all known development plans go ahead on
their announced schedules, show project inventories kept by Strategy
West, a specialist in the field founded by former CERI research chief
Bob Dunbar.<br>
<br>
Out-of-province sales of unprocessed bitumen would grow to 1.7 million
barrels daily because even the growing lineup of planned upgrader
plants is too short to process more than two-thirds of planned
oilsands production.<br>
<br>
THERE ARE LIMITS<br>
<br>
Labour, materials and capital shortages are forecast to limit the
industry to three-fold growth.<br>
<br>
Most-likely development projections predict total oilsands output of
3.3 million barrels daily by 2020, with the volume sold as raw bitumen
reaching at least 900,000 barrels daily.<br>
<br>
Emerging environmental curbs on industrial carbon-dioxide emissions
cast a shadow on the outlook for bitumen upgraders.<br>
<br>
NOT A GREEN ENDEAVOUR<br>
<br>
The operations emit high volumes of the greenhouse gas. Canadian
Natural Resources deferred a 200,000-<br>
<br>
barrels daily upgrader project planned for Edmonton or Cold Lake until
the federal and provincial emissions policies become clear.<br>
<br>
But the industry shows no hesitation in advancing plans to increase
raw bitumen output.<br>
<br>
With support from oilsands developers, Enbridge this month made
construction applications for a $1.3-billion US pipeline to import
light byproducts of central U.S. refineries as "diluent" or
thinner for bitumen exports.<br>
<br>
Output of Alberta's crudest petroleum product will hit 1.2 million
barrels per day by 2015, say new forecasts generated with an industry
survey done by Enbridge, which is Canada's biggest oil pipeline.<br>
<br>
gjaremko@thejournal.canwest.com<br>
<br>
HOW TO TURN CRUMBLY SAND INTO A MULTIBILLION-DOLLAR ENERGY
INDUSTRY<br>
<br>
- Oilsands ore: A crumbly, abrasive mixture of sharp-edged quartz
grains ringed by an inner layer of water and an outer layer of
bitumen.<br>
<br>
Two tonnes of ore make a 159-litre barrel of oil. To dig out ore
formations, oilsands mines also strip off an average two tonnes of
rock and soil "overburden" per barrel of
production.</font></tt></div>
<div><tt><font color="#000000"><br>
- Bitumen: One of the most complex naturally occurring substances,
composed of molecules containing more than 2,000 atoms each in the
heaviest oil produced commercially.<br>
<br>
This initial product of oilsands operations resembles molasses at room
temperature, congeals to the consistency of hockey pucks if it cools
to 11 C, and is thinned with lighter oil or natural gas byproducts to
flow in pipelines.<br>
<br>
Raw bitumen averages 83-per-cent carbon, 10-per-cent hydrogen and
five-per-cent sulphur, and contains traces of oxygen, nitrogen,
methane, hydrogen-sulphide, nickel, iron, vanadium, titanium and
zircon.</font></tt></div>
<div><tt><font color="#000000"><br>
- Upgrading: "Cracks" or breaks up bitumen molecules and
reassembles them as "synthetic" light oil cleansed of
sulphur and other impurities.<br>
<br>
Processes used include coking, hydro-treating, distillation and
catalytic conversion.<br>
<br>
Coking, the most common upgrading method, strips out the heaviest
bitumen ingredients with 500 C heat, leaving behind a charcoal-like
residue used as fuel, exported to steel mills and stockpiled.<br>
<br>
Hydrotreating lightens bitumen by adding hydrogen. Distillation boils
off light liquids and gases. Catalytic conversion employs heat, beads
or pellets of other chemicals and hydrogen additions.<br>
<br>
Upgraders are complexes of towers, vessels, pipelines, control
networks and safety systems requiring years to design and build by
thousands of engineers and skilled construction personnel.<br>
<br>
Plants can be erected at any locations served by pipelines and employ
hundreds of highly trained, well-paid operators working in shifts
around the clock 365 days a year.<br>
<br>
- Value added: Upgrading as much as doubles the value of oilsands
production by whipping it into light, clean shape for use by
refineries built to process conventional liquid crude. Raw bitumen
sells at deep discounts, 30 per cent to 50 per cent off prices for
benchmark light oil grades.<br>
<br>
- End uses: Refined products including fuels, lubricants and
petrochemical building blocks of synthetic items from fabrics to food
additives.</font></tt><br>
</div>
<div><tt><font color="#000000">© The Edmonton Journal
2007</font></tt></div>
<div><br></div>
<div><br></div>
<div><br></div>
<div><br>
<br>
</div>
<blockquote type="cite" cite>Mark et. al.</blockquote>
<blockquote type="cite" cite> </blockquote>
<blockquote type="cite" cite>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!</blockquote>
<blockquote type="cite" cite> </blockquote>
<blockquote type="cite" cite>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!):</blockquote>
<blockquote type="cite" cite> </blockquote>
<blockquote type="cite" cite>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!</blockquote>
<blockquote type="cite" cite> </blockquote>
<blockquote type="cite" cite><a
href=
"http://www.worldenergy.org/wec-geis/publications/reports/ser/shale/shale.asp"
>http://www.worldenergy.org/wec-geis/publications/reports/ser/shale/s<span
></span>hale.asp</a></blockquote>
<blockquote type="cite" cite> <br>
</blockquote>
<blockquote type="cite" cite><font size="-1" color="#FF0000"><b>Table
3.1 Oil shale: resources, reserves and production at
end-1999</b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><a
href=
"http://www.worldenergy.org/wec-geis/publications/reports/ser/shale/excel_files/shale_3_1.xls"><b><span
></span>Excel File </b></a><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>Recovery
method</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>Proved
amount in place</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>Proved
recoverable reserves</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>Average
yield of oil</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1"><b>Estimated additional reserves</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1"><b>Production in 1999</b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>million
tonnes (shale)</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>million
tonnes (oil)</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>kg oil/
tonne</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>million
tonnes (oil)</b></font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1"><b>thousand
tonnes (oil)</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>Africa</b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite align="center"><font
size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Morocco</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">12
300</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">500</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">50 -
64</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">5
400</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">South Africa</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">in-situ</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">73</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">10</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>North
America</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">United States of
America</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">3 340
000</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">60 000 - 80
000</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">57</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">62
000</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>South
America</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Brazil</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">70</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">9
646</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">195</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>Asia</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Thailand</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">in-situ</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">18
668</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">810</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">50</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Turkey</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">1
640</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">269</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">56</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>Europe</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Albania</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">6</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">5</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Estonia</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">590</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">167</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">151</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">in-situ</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">910</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Ukraine</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">in-situ</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">2
674</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">300</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">126</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">6
200</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>Middle
East</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Israel</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">15
360</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">600</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">62</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Jordan</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">surface</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">40
000</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">4
000</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">100</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">20
000</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"> </font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>Oceania</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b> </b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">Australia</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">in-situ</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">32
400</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">1
725</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">53</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font size="-1">35
260</font><br>
</blockquote>
<blockquote type="cite" cite align="right"><font
size="-1">5</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1"><b>Notes:</b></font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">1. Generally the data
shown above are those reported by WEC Member Committees in
2000/2001</font><br>
</blockquote>
<blockquote type="cite" cite><font size="-1">2. The data for Albania,
Brazil, Israel, South Africa and Ukraine are those reported by WEC
Member Committees for SER 1998 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><br>
</blockquote>
<blockquote type="cite" cite> -------------<br>
</blockquote>
<blockquote type="cite" cite>Vision2020 Post: Ted Moffett<br>
</blockquote>
<blockquote type="cite" cite><br>
</blockquote>
<blockquote type="cite" cite>On 5/2/07,<b> Mark Solomon</b> <<a
href="mailto:msolomon@moscow.com">msolomon@moscow.com>
wrote:</a><br>
<blockquote>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</blockquote>
<blockquote>>>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><br>
>>>To:</a> <a
href="mailto:vision2020@moscow.com">vision2020@moscow.com<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> <a
href="http://et.al">et.al. 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>
>>>></a></blockquote>
</blockquote>
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