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Reply #12: Oil field services are as lucrative as oil products [View All]

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-31-04 06:00 PM
Response to Original message
12. Oil field services are as lucrative as oil products
Edited on Sat Jan-31-04 06:12 PM by jpak
Halliburton has a monopoly on that in I-raq. Dick Cheney's Halliburton stock and options have increased in value since the invasion.

The US and the UK have control of all I-raq's oil revenue. That revenue will be in dollars - not euros.

The US has resurrected I-raq's state owned oil company.

The US will seat a hand-picked puppet government on July 1 2004 that will control that state run oil company as the US sees fit.

That puppet government will be protected by an I-raqi secret police force established by the CIA at a cost of $3 billion.

The US has also established an I-raqi "Army" .

The new I-raqi "Army" is incapable of repelling an attack against I-raq - it is, however, quite capable of quelling internal dissent, and protecting Cheney's investment in the I-raqi oil industry.

So there you have it - the US controls I-raq's oil and Cheney has profitted handsomely from his splendid little war.

Oh - BTW - your "dad" is right - it's not about oil...

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  -Really stupid question - war for oil Carl Spackler  Jan-31-04 05:41 PM   #0 
  - Not just that...  KissMyAsscroft   Jan-31-04 05:45 PM   #1 
  - It's not so much control of the oil as commodity  Sliverofhope   Jan-31-04 05:50 PM   #2 
  - well, remember the only two reasons BUsh does anything  maggrwaggr   Jan-31-04 05:50 PM   #3 
  - Don't look for Iraqi oil to be on the market anytime soon.  baldguy   Jan-31-04 05:59 PM   #10 
     - Iraqi oil hit the markets months ago  maggrwaggr   Feb-01-04 01:31 AM   #34 
  - They were also making a fortune from the war itself.  FloridaPat   Jan-31-04 05:50 PM   #4 
  - Exactly!  H2O Man   Jan-31-04 06:56 PM   #24 
  - the goal, as I understand it, is control over the oil  arcane1   Jan-31-04 05:50 PM   #5 
  - They're already after Chavez  youngred   Jan-31-04 05:58 PM   #9 
     - Chavez kiss of death was when he followed Sadaam in dumping the dollar  Tinoire   Jan-31-04 07:05 PM   #25 
  - Oil infrastructure.  alcuno   Jan-31-04 05:54 PM   #6 
  - That's right  Sliverofhope   Jan-31-04 05:56 PM   #7 
  - About Oil  youngred   Jan-31-04 05:56 PM   #8 
  - "peak oil"  Minstrel Boy   Jan-31-04 05:59 PM   #11 
  - Oil field services are as lucrative as oil products  jpak   Jan-31-04 06:00 PM   #12 
  - US Economy is oil dependent. We use fossil fuel for  mn9driver   Jan-31-04 06:09 PM   #13 
  - pssst Oil IS a fossil fuel  youngred   Jan-31-04 07:25 PM   #26 
  - I think it has more to do with projecting American power into the  MikeG   Jan-31-04 06:10 PM   #14 
  - "A price paid for attacking the US"?  Bridget Burke   Jan-31-04 06:24 PM   #16 
  - I think that 9/11 was a major embarrassment for the U.S in these people's  MikeG   Jan-31-04 06:33 PM   #18 
  - The only country in a position to become more powerful than the US  Carl Spackler   Jan-31-04 06:36 PM   #19 
     - PNAC - Project for the New American Century.  MikeG   Jan-31-04 06:47 PM   #22 
  - Oil services for personal enrichment, oil stability for political gain  Carl Spackler   Jan-31-04 06:15 PM   #15 
  - Oil, OPEC, the dollar, & the Euro / Not oil- our entire way of life  Tinoire   Jan-31-04 06:30 PM   #17 
  - So Clinton's wars were for oil as well?  Carl Spackler   Jan-31-04 06:40 PM   #21 
  - Yeah- just updated that post. If you want more, I have plenty.  Tinoire   Jan-31-04 06:50 PM   #23 
  - Here's a little more  Tinoire   Jan-31-04 07:32 PM   #28 
     - So who's clean in all of this?  Carl Spackler   Jan-31-04 08:02 PM   #30 
     - Well.... Now that you ask, yes.  Tinoire   Jan-31-04 09:10 PM   #33 
     - A shy Kick for Tinoire...  Dirk39   Feb-01-04 03:35 AM   #38 
  - excellent, Tinoire  buddhamama   Jan-31-04 07:43 PM   #29 
     - Good stuff, Tinoire  maggrwaggr   Feb-01-04 01:48 AM   #37 
  - I would say  sangha   Jan-31-04 06:37 PM   #20 
  - 60% of the world's oil is...  Nlighten1   Jan-31-04 07:31 PM   #27 
  - yes, especially considering that it now takes over a calorie of oil  maggrwaggr   Feb-01-04 01:33 AM   #36 
  - As Nlighten1 implies: It's time for everyone to get a map  jmcgowanjm   Jan-31-04 08:15 PM   #31 
  - John D. Rockefeller was the first  TorchesAndPitchforks   Jan-31-04 09:01 PM   #32 
  - don't forget Iraqi oil is some of the cheapest to produce  maggrwaggr   Feb-01-04 01:32 AM   #35 
  - It is about strategic control.  Seldona   Feb-01-04 04:21 AM   #39 
  - As existing sources run out we will be looking for more places to 'buy  jmcgowanjm   Feb-01-04 10:26 AM   #40 
     - On backwardation, this Shell price chart, Jan 23, 04  jmcgowanjm   Feb-01-04 10:30 AM   #41 
        - to Tinoire, the Caspian has peaked and Russia is taking Kazakoil  jmcgowanjm   Feb-01-04 10:36 AM   #42 
           - Caspian overestimated  TorchesAndPitchforks   Feb-01-04 03:55 PM   #47 
  - The point of the Iraq war...  Darranar   Feb-01-04 10:46 AM   #43 
  - You're right, it is a pretty basic question.  leesa   Feb-01-04 11:26 AM   #44 
  - It's not about bringing it to the market  Astarho   Feb-01-04 11:47 AM   #45 
  - This might help you Carl  nomatrix   Feb-01-04 03:25 PM   #46 
 

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