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Originally posted by vox2442
Your main mistake is assuming that "war for oil" means war for oil for you.
Originally posted by they see ALL
The only answer that I can ponder on is that, if such conspiracy theories are true, the oil companies are keeping the oil for themselves (for now) and thus are insuring their power/wealth for years to come.
Originally posted by Beachcoma
It's all about control of that resource.
To sum it up, I'm thinking of two possibilities --
1. Securing the oil (and preventing rivals from gaining access) for future profit
2. Securing the oil so that the War Machine can continue to run in the future, after all there's no substitute fuel for your jets, tanks and IFVs. Especially for jets.
Originally posted by Agit8dChop
Saudi recently announced they'd INVESTIGATE the use of using a 'currency' basket, because Iran and Venuzuela advised the US Dollar is worthlesS ( which it is )
THe obvious answer is the demise of the American dollar REQUIRES oil to be traded in euro's.
Saudi didnt want to take this step, saying '' we dont want to collapse the American economy ''
To me, this is the American government pressuring Saudi NOT to switch from the dollar, because as everyone will know it will make a HUGE collapse imminent.
Originally posted by jsobecky
Btw, anybody hear of the theory that oil is abiotic? Very intriguing.
from; pg1#pid3724549
To sum it up, I'm thinking of two possibilities --
1. Securing the oil (and preventing rivals from gaining access) for future profit
2. Securing the oil so that the War Machine can continue to run in the future, after all there's no substitute fuel for your jets, tanks and IFVs. Especially for jets.
Senior Adnoc official urges efficient use of hydrocarbon resources
The three-day conference, organised by the Emirates Centre for Strategic Studies and Research, is debating future Arabian Gulf energy sources - hydrocarbon, nuclear or renewable.