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Originally posted by GargIndia
I am not sure "population reduction" is a goal of USA in waging wars.
Population can be reduced more effectively in peacetime by adopting family planning measures.
Middle east is still about Israel and Zionism rather than oil. The gameplan is to keep on disrupting societies surrounding Israel so that nobody becomes powerful enough to challenge Israel.
Iran has become a priority as its regime is seen threatening to Israel. Nothing else.
Originally posted by Tardacus
Companies in those countries doing business with Iran previously given a pass will be cut off from the US economy.
Wow, that could put Wal-Mart out of business
There must be a lot of plastic junk at Wal-Mart that was made in china using iranian oil.
Originally posted by mikell
I read COMPANIES not COUNTRIES BIG difference
Line 3
All three of China’s biggest state-controlled oil companies have clinched deals with Tehran to develop some of Iran’s biggest oil and gasfields
By last year, it had already spent over $32 billion in mergers and acquisitions. While much of that was in Syria, Argentina and Russia, it also conducted a $7.24-billion takeover of a Swiss exploration company, Addax Petroleum Corp.
Originally posted by GargIndia
Chinese government plan is to dominate oil and gas production worldwide.
This puts China in a conflicting position with US who has the same goal.
Control of oil resource give Chinese better prices than the open market. This also provides safety from market disruptions.
I am not sure how much oil China buys from open market. However I have a feeling that China has already secured bulk of its supplies. So higher prices of oil may be hurting Western economies more than China's.
Originally posted by cavtrooper7
reply to post by GargIndia
I just wish America would release ,legally or otherwise,energy sources and technology we all KNOW they have and do an end run around the entire oil mess.
We should have been off the combustion engine 50 years ago,if money had not obstructed the global path we are now stuck on.