|
Top 10 U.S. blunders in Iraq (pg. 6)
|
View this Thread in Original format
| Q5echo |
| quote: | Originally posted by TuanAnh213
ouch |
I guess I'm not as cool as he is.
What does P.E.T. mean? |
|
|
| Q5echo |
your right, but you have to be careful of some of those stats on gravmag. Some are very obsolete. |
|
|
| Your Mother |
| quote: | Originally posted by Shakka
Fair enough. I don't know how old that textbook is, but I always thought the rankings were something like Saudi Arabia, Iraq, Russia, Venezuela, Canada, U.S, or something like that. Blech, Russia is definitey top 5, I just thought Saudi Arabia was the clear global supply leader in proven reserves. |
I recall seeing the listing of oil reserves online a few weeks and the top 3 were:
1) Saudi Arabia
2) Canada
3) Iraq
I don't recall number 4, but they were far off from Iraq's total reserves. It might have been the United Arab Emirates, but I would have to dig up the source. I don't recall seeing the US high on the list, nor Russia.
I was also surprised that Canada had at least 1.5 times the reserves as Iraq. Of course, the reason why we still get most of our oil from overseas is the cost. Tapping Canadian oil reserves is quite expensive, but tapping Middle Eastern reserves is considerably less expensive.
-Your Mother |
|
|
| Q5echo |
your right. the proven reserves opec has been pimping, pumping excuse me, represents the finest quality in the world compounded by it's abundence. finest quality in that it's the easiest to refine (cheapest) thats why it's price dictates the worlds prices.
Canada's new found reserves are massive also, but a majority of it is un-conventional oil (last est. at over 200 billion barrels). a lot of it is located in tar sands which require a completely different approach for harvesting (strip mining). Venezuela, Russia (which is presumed to have the THE largest unconventional deposits) face similar challenges, but it is oil just the same.
This is why when we talk about the middle east and their grip on the current market, intelligent forcasters know that the grip is only tentative. They WILL see a decline. The world, not just america is adjusting themselves accordingly in preparation for the inevitable. It is slow, strategic, and methodical but above all, inevitable.
Who is going to protect whos interests for the next 100 years?
It ain't gonna be the other guy. That was last century. |
|
|
| Dj_Irish |
| quote: | Originally posted by Your Mother
I recall seeing the listing of oil reserves online a few weeks and the top 3 were:
1) Saudi Arabia
2) Canada
3) Iraq
I don't recall number 4, but they were far off from Iraq's total reserves. It might have been the United Arab Emirates, but I would have to dig up the source. I don't recall seeing the US high on the list, nor Russia.
I was also surprised that Canada had at least 1.5 times the reserves as Iraq. Of course, the reason why we still get most of our oil from overseas is the cost. Tapping Canadian oil reserves is quite expensive, but tapping Middle Eastern reserves is considerably less expensive.
-Your Mother |
Coincidently, they had a list of that in todays newspaper:
Countries with the largest proven reserves that's immediatly exploitable (billions of barrels):
Saudi Arabia: 261.7
Irak: 115.0
Iran: 99.1
Kuwait: 98.9
United Arab Emirates: 62.8
Russia: 53.9
Venezuela: 50.2 |
|
|
| Your Mother |
| quote: | Originally posted by Dj_Irish
Coincidently, they had a list of that in todays newspaper:
Countries with the largest proven reserves that's immediatly exploitable (billions of barrels):
Saudi Arabia: 261.7
Irak: 115.0
Iran: 99.1
Kuwait: 98.9
United Arab Emirates: 62.8
Russia: 53.9
Venezuela: 50.2 |
Yep, those numbers look right... The only difference with the one I saw was that Canada had about 180 billion barrels (but not immediately exploitable).
-Your Mother |
|
|
| emander |
| quote: | Originally posted by Cyrus King
go do a search.
youve only been registered for a couple days and you talk as if yuove been here for a while |
The fact you've been posting longer than me makes you no greater than a simple moron who has a long history of being a total idiot.
Hahhhahhaaaaaaaa!!!!!!!! |
|
|
| Renegade |
Just an update on what me and occrider were talking about before for those interested:
| quote: | | Well one would hope that the independant auditors are getting far more in-depth information than what is being displayed to the public, and even from Iraq Revenue Watch it would appear that they indeed are. Furthermore, if they aren't getting enough information, one would think that they would make it known to the CPA and to the public that they indeed aren't getting enough information. |
Unfortunately, a KPMG report released in the past few days has now proven this not to be the case. The US and the CPA have and continue to withold information about contracts paid for with the reconstruction fund, including those contracts awarded to Hallliburton:
| quote: | The US Government is withholding information from UN-sanctioned auditors examining more than $US1 billion in contracts awarded to Halliburton and other companies in Iraq without competitive bidding, the head of an international auditing panel has said.
Jean-Pierre Halbwachs, chairman of the International Advisory and Monitoring Board, said the US had repeatedly rebuffed his requests since March to turn over internal audits, including one that covered three contracts valued at $1.4 billion that were awarded to Halliburton, a Texas-based oil services firm. It had also failed to produce a list of other companies that had obtained contracts without having to compete.
[...]
The dispute comes as the board released an initial audit by the accounting firm KPMG on Thursday that sharply criticised the US-led coalition's management of billions of dollars in Iraqi oil revenue. The audit noted lax financial controls within some Iraqi ministries, citing poor bookkeeping and duplicate payments of salaries to government employees. |
http://www.theage.com.au/articles/2...l?oneclick=true
More information:
http://www.iraqrevenuewatch.org/reports/062404.shtml
Pretty ordinary form if you ask me. What do you reckon we'd have to do to get Cheney to stop stonewalling about his Halliburton contracts? |
|
|
| Massive84 |
| quote: | Originally posted by emander
The fact you've been posting longer than me makes you no greater than a simple moron who has a long history of being a total idiot.
Hahhhahhaaaaaaaa!!!!!!!! |
shutup smokeape..no one but you is the idiot here. |
|
|
| nialsjd |
i believe a few weeks ago Bush held a small conference for the public. I completely forgot to ask about this but:
One journalist asked bush "So, what do you think has been ur biggest mistake in office for these past four years." I'd heard bush been silent for a few seconds, but i never got to hear if he answered it. anyone help? |
|
|
|
|
