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Snazzy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:18 AM
Original message
Iraq Stops Pumping Oil From Basra Fields
Iraq Stops Pumping Oil From Basra Fields

18 minutes ago

By RAWYA RAGEH, Associated Press Writer

BAGHDAD, Iraq - Iraq (news - web sites) stopped pumping oil from its key southern oil fields Monday because of the violence plaguing the region during a renewed Shiite uprising, an official with the South Oil Company said.

About 1.8 million barrels per day, or 90 percent of Iraq's exports, move through Iraq's southern port of Basra, and any shutdown in the flow of Iraq's main money earner would badly hamper reconstruction efforts.

A senior official with the oil company, who spoke on condition of anonymity, said the southern oil fields stopped pumping oil Monday after militants loyal to Shiite cleric Muqtada al-Sadr threatened to target the oil infrastructure in Basra.

....

http://story.news.yahoo.com/news?tmpl=story&cid=540&e=2&u=/ap/20040809/ap_on_re_mi_ea/iraq_oil


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Jacobin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:20 AM
Response to Original message
1. Ah yes, another failed Bush* Oil Deal
Instead of drilling dry holes, he conquers an entire country full of oil and still can't get it to market.
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:20 AM
Response to Original message
2. Watch the market freak
lol
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:22 AM
Response to Original message
3. All it took was a threat?
Things must be bad. Or, this is a power play by somebody. Perhaps Allawi is trying to show the puppet masters he has power. That seems doubtful, though. I have never believed they are producing or exporting anything like the amount of oil the claim anyway.
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The Magistrate Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 11:12 AM
Response to Reply #3
9. A Very Credible Threat, Sir
With U.S. and puppet forces active in Najaf, Shi'ite feelings will be running high, and it is not possible to protect oil facilities amid a hostile populace, at least without exercises in frightfulness even this current ctiminal crew lacks the stomach for....

"LET'S GO GET THOSE BUSH BASTARDS!"
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:22 AM
Response to Original message
4. Well, this isn't going to help oil futures much . . .
Wait! That's the answer - more tax cuts will surely restart the pumps and pipelines!!
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:22 AM
Response to Original message
5. Still not getting anywhere with the Northern fields I see. nt
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catmandu57 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 10:45 AM
Response to Reply #5
6. Northern fields are fine
The Kurds own them, and we aren't messing with the Kurds the balance there is just a wee bit too delicate for this bunch.
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aneerkoinos Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 11:05 AM
Response to Reply #6
7. 44,60/b
Possibly, but the pipes are blown up regularly (every time they try to use them).
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amandabeech Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 01:34 PM
Response to Reply #6
18. But the pipeline to the port at Ceyhan, Turkey is out,
and has been out almost from the beginning of the occupation due to sabotage. As soon as the pipeline is fixed, it is attacked.

I read some time ago that a little Kirkuk oil has been shipped out through Basra, but not much.

Kirkuk may be able to ship to Iraqi refineries, however.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 01:50 PM
Response to Reply #6
20. I spoke imprecisely.
I was referring to the fact that 90% exports still
leave via Basra, i.e. pipelines are still not much
use. This also is shown by the level of exports, which
is approx. half what it should be. IIRC Iraq was shipping
4M bbl/day before the war, a good deal of which the US was
buying through the oil-for-food program. So net of the war
we are getting half the oil from Iraq that we used to.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 11:06 AM
Response to Original message
8. Until Iraq gets control of their oil trust fund
any money from sale of oil does not aid Iraq but goes into US controlled corporations such as Halliburton. But notice that every article about disruption of oil includes a sentence such as "any shutdown in the flow of Iraq's main money earner would badly hamper reconstruction efforts".

That's crap.
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 11:50 AM
Response to Original message
10. Cue stock market crash
And oil at $47-48.
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Fovea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 11:55 AM
Response to Original message
11. My advice to SUV and pick PU drivers.
Go out and sell it for whatever you can get for it tonight, and buy a
hybrid plus a good bicycle to replace it.

Tomorrow you might not be able to fill it.
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Doosh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 12:10 PM
Response to Reply #11
12. or get a comfortable pair of shoes
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0007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 12:19 PM
Response to Reply #12
14. ........and a damn good walking stick.
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DulceDecorum Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 12:17 PM
Response to Original message
13. There ain't no oil there
Iraq's problems were well known to the United States before the war. The Energy Infrastructure Planning Group, set up by senior Bush administration officials in September 2002 to plan for the oil industry in the event of war, learned that Iraq was reinjecting crude oil to maintain pressure in the Kirkuk field.
"Iraqis acknowledged it was a poor practice," said one administration expert involved with the group, and as the main war wound down, the Iraqis "were unequivocal that that practice had to stop and right away."
But it did not. The amount of oil being reinjected is now 150,000 to 250,000 barrels a day, down from as much as 400,000 barrels a day last summer, said Mr. McKee, but he added that he had never encountered such a practice in his long career in the oil industry.
The reinjection of oil was a clear sign of trouble in the underground reservoirs, but the energy planning task force decided not to address them, partly for political reasons, according to participants.
"We didn't want to give fuel to the fire of debate that was saying the U.S. was just doing this to steal the oil," an administration official said.
Task force participants said there was another potential political factor. The group had secretly decided, without soliciting bids, that the contract for fixing Iraq's oil infrastructure would go to Kellogg, Brown & Root, a unit of Halliburton, which had an existing Pentagon contract related to war planning. Halliburton was previously run by Vice President Dick Cheney.
"Everyone realized the selection of K.B.R. was going to look bad," said one task force member.
K.B.R. and others made a case that reservoir management was necessary, and the occupation authority asked Congress for the $40 million now set aside for reservoir management. But Ms. Hall, the Halliburton spokeswoman, said this month that those underground tasks had been "pulled and are not being funded" even though reservoir maintenance is crucial to even present production.
http://www.occupationwatch.org/article.php?id=2005

See?
They have been pumping oil INTO the damn oilwells.
And now they can't even manage that.
Wanna know why?
Because the fools have now been pumping SEAWATER from the Gulf
into the oilwells to maintain pressure.

Water injection "is one of several techniques used to extend the life of an oilfield," says Ken Leonard, Sr. manager of the Upstream Group at the American Petroleum Institute. Often, he says, the original production can produce oil with just the pressure in the formation, but "pressure quickly drops," Leonard says. "You have to use augmented techniques."
Pressure can be maintained by injecting natural gas, carbon dioxide, even crude oil, or water, as is the case with the southern oilfields in Iraq.
Leonard says "fluid under pressure is used to squeeze the oil out of the pores in the rocks. The technique is called waterflooding," although he warns that if incorrectly applied, waterflooding can damage the reservoir.
http://www.enr.com/news/Front2003/archives/040510-2.asp
Rumaila
http://www.thejournalnews.com/newsroom/032704/d01w27iraqoil.html

What is so wrong with that?
The problem has something to do with the US Supreme Court.
AGAIN.
You see, way back in 1980, the Justices voted, five to four,
in favour of patenting life. This meant that Mr. Chakrabarty was free to sell his OIL-EATING BACTERIA to the highest bidder.
During the Gulf War, the US went and bombed the bejaysus out of tankers and oil rigs and flooded the entire sea with gazillions of barrels or oil. This was done after the US and UK were caught helping Kuwait to slant drill into the Rumaila oilfield and steal Iraqi oil. The US and Britain dropped napalm on the Iraqi oil workers who were destroying the slant drills and this napalm set the oilfields ablaze. That is also where the story about retreating Iraqis setting the place ablaze came from.

And getting water to the fires would be far trickier. In Kuwait, seawater from the Persian Gulf was pumped to many wells by reversing the flow in the country's oil pipelines. But most Iraqi wells are much farther from the gulf than those in Kuwait.
http://www.globalsecurity.org/org/news/2003/030320-war03.htm

Then they unleashed the OIL-EATING BACTERIA and cleaned up the place. Some of that seawater made it past the slant drills into the Rumaila oilfield.
Furthermore, the SEAWATER STILL CONTAINS OIL-EATING BACTERIA.
And that is the crap Halliburton has been pumping into the Iraqi oilwells.
Saddam refused to let the Brits and Yanks into Iraq after that big screw up, and so they bombed Iraq for over 12 long years during which time that bacteria was just having a blast. Finally, the Coalition has managed to get into Iraq and see for themselves that there is no damn oil left.
Karma.
Meanwhile, the Coalition soldiers are dying.
WHY?
It isn't even for oil.
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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 01:12 PM
Response to Reply #13
16. A startling theory, Dulce
Is there more on this?
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 01:17 PM
Response to Reply #16
17. To say the least!
I hadn't heard about the oil-eating bacteria before.

You might be interested to know that they've been using water-injection at the Ghawar field in Saudi Arabia for some time. It's the most productive oil field in the world -- or it has been so far.

Wonder if they are using seawater from the Gulf as well? Probably...
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Zhade Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 09:55 PM
Response to Reply #13
23. Can you start a separate thread on this? It deserves its own.
This is astonishing, if true (and it seems like you know the facts).

I strongly suggest you open this up for discussion on a new thread, so it's not missed.

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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 01:09 PM
Response to Original message
15. World oil prices hit new highs as fighting engulfs Iraq
Edited on Tue Aug-10-04 07:41 AM by Skinner
NEW YORK (AFP) - World oil prices sizzled at new all-time highs as Iraq's southern oil fields halted pumping to avoid a threatened attack by Shiite Muslim militia.

New York's light sweet crude for delivery in September surged 1.02 dollars to 44.97 dollars a barrel early afternoon, thundering past the previous record, set Friday, of 44.77 dollars.

Brent North Sea crude oil for September delivery surged 1.02 dollars to an unprecedented 41.65 dollars.

Iraq oil pumping stopped as factional fighting raged.

The Southern Oil Company ceased production for "security reasons" after Shiite militia threatened to attack infrastructure, spokesman Mohammed al-Mohammedi said.

EDITED BY ADMIN: COPYRIGHT

(more)

http://story.news.yahoo.com/news?tmpl=story&u=/afp/20040809/ts_afp/oil_price
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 05:29 PM
Response to Reply #15
22. Barrett808
Per DU copyright rules
please post only four
paragraphs from the
copyrighted news source.


Thank you.


DU Moderator
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Barkley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 01:41 PM
Response to Original message
19. Are the Iraqis still paying 5 cents a gallon?
Edited on Mon Aug-09-04 01:42 PM by Barkley
Iraqis "pay just five cents for a gallon - thanks to hundreds of millions of dollars in U.S. taxpayer subsidies. Since Iraq has little capacity to refine its own gasoline, the U.S. government pays about $1.50 a gallon to purchase fuel in neighboring countries and deliver it to Iraqi filling stations. A three-month supply costs American taxpayers more than $500 million, not including the cost of military escorts.”

- AP News

http://www.military.com/NewsContent/0,13319,FL_gas_060504,00.html

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Zhade Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-09-04 02:00 PM
Response to Original message
21. TYPO: should read "Halliburton Stops Pumping Oil From Basra Fields".
Anything that slows down the theft of Iraq's oil is good news in my mind.

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