US Army launches new Iraq offensive.

Skybird · 06-18-07, 03:50 PM

Before the war, Iraqi daily oil production was around 2 million barrels per day.

Now the Chinese are allowed to get a deal on producing 70.000 barrels maximum per day. Vietnam gets another 60.000 maximum, India i think 40.ooo at daily maximum, but I could be wrong on that last number.

So China is allowed to produce 3.5% of the former daily production, Vietnam is allowed to produce 3% of the former daily production, and India is allowed to produce 2% of the former daily production.

Priority was and is to bring Iraq's oil production back to pre-war values. If that is reached, the current contracts make sure that china and India will remain dwarfs in Iraq's oil business. So I wonder who the US is planning to get into place to take care of the lion's share of the remaining 91.5% of the former daily production - oil that obviously is available for production? It is neither China, nor India, nor Vietnam. Could it be - could it be American companies...? Hardly. "All" oil contracts went to China and India, we just learned. The US "get's no oil from this deal", we get taught. It was about "honouring oil contracts that were in place before the war". Agreed - and removing Saddam from power was considered to be an act of politeness, sure...

How could anyone think that the war last but not least was about cleaning the opposition in oil production off the field and taking over their shares of the cake, while deceiving people about this by launching PR stunts like this story about China's "leading" role in future oil production in Iraq?

06-18-07, 03:50 PM	#8
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,727 Downloads: 10 Uploads: 0	Before the war, Iraqi daily oil production was around 2 million barrels per day. Now the Chinese are allowed to get a deal on producing 70.000 barrels maximum per day. Vietnam gets another 60.000 maximum, India i think 40.ooo at daily maximum, but I could be wrong on that last number. So China is allowed to produce 3.5% of the former daily production, Vietnam is allowed to produce 3% of the former daily production, and India is allowed to produce 2% of the former daily production. *Priority was and is to bring Iraq's oil production back to pre-war values. If that is reached, the current contracts make sure that china and India will remain dwarfs in Iraq's oil business.* *So I wonder who the US is planning to get into place to take care of the lion's share of the remaining 91.5% of the former daily production - oil that obviously is available for production?* It is neither China, nor India, nor Vietnam. Could it be - could it be American companies...? Hardly. "All" oil contracts went to China and India, we just learned. The US "get's no oil from this deal", we get taught. It was about "honouring oil contracts that were in place before the war". Agreed - and removing Saddam from power was considered to be an act of politeness, sure... How could anyone think that the war last but not least was about cleaning the opposition in oil production off the field and taking over their shares of the cake, while deceiving people about this by launching PR stunts like this story about China's "leading" role in future oil production in Iraq? __________________ If you feel nuts, consult an expert.