It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Paritzky said he was certain the USA would respond favourably to the idea of resurrecting the pipeline. Indeed, according to Western diplomatic sources in the region, the USA has discussed this with Iraqi opposition groups.
It is understood from diplomatic sources that the Bush administration has said it will not support lifting UN sanctions on Iraq unless Saddam's successors agree to supply Israel with oil.
All of this lends weight to the theory that Bush's war is part of a masterplan to reshape the Middle East to serve Israel's interests. Haaretz quoted Paritzky as saying that the pipeline project is economically justifiable because it would dramatically reduce Israel's energy bill.
US efforts to get Iraqi oil to Israel are not surprising. Under a 1975 Memorandum of Understanding (MoU), the US guaranteed all Israel's oil needs in the event of a crisis. The MoU, which has been quietly renewed every five years, also committed the USA to construct and stock a supplementary strategic reserve for Israel, equivalent to some US$3bn in 2002. Special legislation was enacted to exempt Israel from restrictions on oil exports from the USA.
Moreover, the USA agreed to divert oil from its home market, even if that entailed domestic shortages, and guaranteed delivery of the promised oil in its own tankers if commercial shippers were unwilling or not available to carry the crude to Israel. All of this adds up to a potentially massive financial commitment.
These blends are known as 'boutique fuels', and they also add to the cost of fuel.
Originally posted by Roper
Oct. light crud closed at $61.66, that's $2.14 off the close from Monday. It was a big down day. So prices should drop at the pump in a day or so.
Gasoline fell also.
I'm paying 2.39/gal. to day.
WASHINGTON (AFP) - Some Americans are suspicious that recent steep declines in gasoline prices might be the result of political manipulation, since the savings at the gas pump come just weeks before critical midterm US elections.
Earlier this year, news of record oil profits led many US consumers to believe that energy companies had deliberately kept prices artificially high to improve their bottom line
Now gas prices have fallen for several consecutive weeks, and recent polls show that consumers have a new suspicion -- that the price break is meant to give a boost to a US president and Republican Congress who had fallen out of favor with voters.
White House spokesman Tony Snow addressed -- and summarily dismissed -- the speculation at a press briefing earlier this week.
"I have been amused by ... the attempt by some people to say that the president has been rigging gas prices, which would give him the kind of magisterial clout unknown to any other human being," he told reporters.