You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #2: Oil & a Growing Sense of Panic in the US by Robert Fisk [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
JohnyCanuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-03 03:13 PM
Response to Original message
2. Oil & a Growing Sense of Panic in the US by Robert Fisk
Oil is slippery stuff but not as slippery as the figures now being peddled by Iraq's American occupiers. Up around Kirkuk, the authorities are keeping the sabotage figures secret - because they can't stop their pipelines to Turkey blowing up. And down in Baghdad, where the men who produce Iraq's oil production figures are beginning to look like the occupants of Plato's cave - drawing conclusions from shadows on their wall - the statistics are being cooked. Paul Bremer, the US proconsul who wears combat boots, is "sexing up" the figures to a point where even the oilmen are shaking their heads.

Take Kirkuk. Only when the television cameras capture a blown pipe, flames billowing, do the occupation powers report sabotage. This they did, for example, on 18 August. But the same Turkish pipeline has been hit before and since. It was blown on 17 September and four times the following day. US patrols and helicopters move along the pipeline but, in the huge ravines and tribal areas through which it passes, long sections are indefensible.

<snip>

But the real irony lies in the nature of America's new power in Iraq. US oil deposits are increasingly depleted and by 2025, its oil imports will account for perhaps 70 per cent of total domestic demand. It needs to control the world's reserves - and don't tell me the US would have invaded Iraq if its chief export was beetroot - and it now has control of perhaps 25 per cent of world reserves.

But it can't make the oil flow. The cost of making it flow could produce an economic crisis in the US. And it is this - rather than the daily killing of young American soldiers - that lies behind the Bush administration's growing panic. Washington has got its hands on the biggest treasure chest in the world - but it can't open the lid. No wonder they are cooking the books in Baghdad.


http://www.informationclearinghouse.info/article4855.htm
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC