China: We aren't resorting to WAR for OIL, like the US, why the uproar?

[bpilgrim]

it's JUST a business deal. (re: the unocal offer)

:wow: anyone hear that on NPR news today?

it was a female chinese spokesperson this afternoon... i am looking for any print with that quote (that i paraphrased above) so far i can't find any.

tia :toast:

BTW: i think they make one helluva point, wonder how the rest of the world sees it :shrug:

peace

[Taxloss]

1. How America has squandered its moral advantage.

You get lectured by the Chinese. Ouch.

[bpilgrim]

2. ouch, indeed! all thanks to the neoCONs and their grand bungling

:argh:

peace

[nolabels]

19. I wouldn't consider it bungling so far

Promises not quite accounted for so far would be my take. The frauds and crooks that occupy many of seats in our elected federal government have a purpose for being. This main purpose is to help maximize corporate profits. It's more than just oil, military hardware and many other things that an unstable world craves for is the real goal. Bushco and members of congress don't sweat it, the longest they ever fall is off the public dole. Playing the game is the only game in town also, so if your name is Welstone just stay home

[acmejack]

3. They hold the winning hand.

Shell may be considering a move as well. They Shell) didn't deny anything when asked either.

[Jacobin]

4. Hmm. How to argue the point.............

Hmmmmm, well, uhm, hmmmm..........

[bpilgrim]

7. lol

:hi:

peace

[Yavin4]

5. Wow. That Shuts Up A Lot of People

What can you say?

[bpilgrim]

6. it sure does & it shows the chinese definitely know about peak oil &

are taking steps to counter our moves in the ME.

China is the Elephant in the room.

peace

[bpilgrim]

8. nobody

else heard this?

peace

[bpilgrim]

9. kick

peace

[bpilgrim]

10. help

anyone got a quote?

peace

[bpilgrim]

11. THE SAUDI OIL BOMBSHELL

Asia Times Online, Hong Kong Jun 29, 2005

THE SAUDI OIL BOMBSHELL

For those oil enthusiasts who believe that petroleum will remain abundant for decades to come - among them President George W Bush and Vice President Dick Cheney, and their many friends in the oil industry - any talk of an imminent "peak" in global oil production and an ensuing decline can be easily countered with a simple mantra: "Saudi Arabia, Saudi Arabia, Saudi Arabia."

Not only will the Saudis pump extra oil now to alleviate global shortages, it is claimed, but they will keep pumping more in the years ahead to quench our insatiable thirst for energy. And when the kingdom's existing fields run dry, lo, they will begin pumping from other fields that are just waiting to be exploited. We ordinary folk need have no worries about oil scarcity, because Saudi Arabia can satisfy our current and future needs. This is, in fact, the basis for the Bush administration's contention that we can continue to increase our yearly consumption of oil, rather than conserve what's left and begin the transition to a post-petroleum economy. Hallelujah for Saudi Arabia!

But now, from an unexpected source, comes a devastating challenge to this powerful dogma: in a newly released book, investment banker Matthew R Simmons convincingly demonstrates that, far from being capable of increasing its output, Saudi Arabia is about to face the exhaustion of its giant fields and, in the relatively near future, will probably experience a sharp decline in output. "There is only a small probability that Saudi Arabia will ever deliver the quantities of petroleum that are assigned to it in all the major forecasts of world oil production and consumption," Simmons writes in Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy. "Saudi Arabian production," he adds, italicizing his claims to drive home his point, "is at or very near its peak sustainable volume ... and it is likely to go into decline in the very foreseeable future."

...

If Simmons is right about Saudi Arabian oil production - and the official dogma is wrong - we can kiss the era of abundant petroleum goodbye forever. This is so for a simple reason: Saudi Arabia is the world's leading oil producer, and there is no other major supplier (or combination of suppliers) capable of making up for the loss in Saudi production if its output falters. This means that if the Saudi Arabia mantra proves deceptive, we will find ourselves in an entirely new world - the "twilight age" of petroleum, as Simmons puts it. It will not be a happy place.

http://www.atimes.com/atimes/Middle_East/GF29Ak01.html

china knows what time it is

peace

[chaska]

12. YES, somebody finally said it. This is a debate we need to have...

sometime. We need to decide what we think about the peak oil angle to this war.

Obviously, we're against it, but we need to be prepared when it finally makes it into the public discourse.

[bpilgrim]

13. agreed... how are we going to peacefully compete with emerging

nations?

peace

[Ilsa]

14. Yeah, I heard it.

Early this morning. It's like everyone in the world knows the truth except for half the US.

[BeHereNow]

15. I think half is a generous estimate...

I'd say the percent of people who fully understand
what is coming down with the CNOOC bid is more
like 2%.
1% of which are going to get filthy rich from it.
(Check out the June 1, 2005 insider trading action
over at UCL, how conveeeenient all those
transactions were made just weeks before the
CNOOC bid...hmmm?)
The other 1% of my proposed 2% are folks like
you and me, who understand what it happening
and are watching in horror.
The other 98% are completely unaware and
are still debating whether Michael Jackson is guilty,
whether homosexuals should be granted the
same marital rights as hetro-sexuals and whether
or not abortion is murder.
Mission accomplished indeed.
WE be so screwed.
BHN

[Deja Q]

16. Hoisted by our own petard. I hope * intervenes and turns them down.

Nuke war and corporeal annihilation almost seems preferable these days when compared to the Chinese annihilating our economic structure...

[bpilgrim]

17. if they can't buy it they may adopt our current war 'strategy'

:nuke:

peace

[BeHereNow]

18. Better read this-

Karenina posted this link on another thread
and it is extremely relevant to this issue.
Check out the banking links and figure it out.
Might want to grab a box of tissues and a
bottle of Jack before you read it though...
BHN :scared:

http://smirkingchimp.com/article.php?sid=21710&mode=&order=0:scared: :scared: :scared:

[Raksha]

20. Thanks for the Smirking Chimp link, BHN.

I did read the article, but I need to give it some time to sink in. It's very difficult for an ordinary decent human being to comprehend greed and evil on this scale. And yet it occurs to me (again!) that this "incomprehensibility factor" is one of the main things that has shielded them for so long.

[BeHereNow]

21. Thank Karenina!

Karenina posted it first on another thread-
I am currently listening an interview with the author,
Jack Dalton, that I found on the Old American Century Web Site.
GREAT stuff.
http://www.oldamericancentury.org

He is discussing Kevin Bendermen with the host among
other things.
Audio link:
http://oldamericancentury.org/jack_08.30AM.mp3

And yes, I agree, it is truly difficult to fathom the
depth of EVIL (no other word for it) being perpetuated
upon the world by these people.

BHN

[bribri16]

22. GOOD ANSWER!!!!!! n/t