Iraq has the second largest oil reserve in the world

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  • M_M
    Confirmed User
    • May 2004
    • 1167

    #1

    Iraq has the second largest oil reserve in the world

    Just wanted to remind those who thought we didn't go there for the oil.

    I keep hearing arguments like "Iraq doesn't produce much oil, so it doesnt make sense we would go there for oil, it wouldnt be worth it, blah blah blah"
    ;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)
  • egonetworks
    Confirmed User
    • Jan 2004
    • 6706

    #2
    The oil lines was also one of the first things they setup troops around so it wasn't destroyed.

    Comment

    • M_M
      Confirmed User
      • May 2004
      • 1167

      #3
      oh, almost forgot

      proof: http://www.globalpolicy.org/security/oil/irqindx.htm
      ;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)

      Comment

      • Fabuleux
        Confirmed User
        • May 2003
        • 2543

        #4
        To make your pointeven stonger, the US is allmost out of oil. Just look at the gas prices...

        Comment

        • Vitasoy
          GFY HALL OF FAME DAMMIT!!!
          • Oct 2003
          • 58202

          #5
          Not surprising...


          [email protected]

          Comment

          • egonetworks
            Confirmed User
            • Jan 2004
            • 6706

            #6
            Originally posted by Fabuleux
            To make your pointeven stonger, the US is allmost out of oil. Just look at the gas prices...
            Everybody is almost out of oil - another 10 years and the tap will be dry

            Comment

            • MattO
              The O is for Oohhh
              • Feb 2003
              • 10861

              #7
              I'm waiting for gas prices to come down again so I can drive my '65, it's been sitting for months now. 7mpg ain't gunna cut it at 2.20 a gallon.
              Do you think the prices will drop conveniently around election time?

              Comment

              • Shooter
                Confirmed User
                • Apr 2001
                • 2842

                #8
                They've dropped 30 cents or so in the past 5-6 weeks here

                Comment

                • Fabuleux
                  Confirmed User
                  • May 2003
                  • 2543

                  #9
                  Originally posted by egonetworks
                  Everybody is almost out of oil - another 10 years and the tap will be dry
                  I give it 20, but if you are correct, I see a WWIII coming up. Ten years is not enough to "fix this problem".

                  Comment

                  • Headless
                    Registered User
                    • Jan 2001
                    • 26727

                    #10
                    Thats right we went there for the oil. Now what are you gunna do bitch?

                    Comment

                    • M_M
                      Confirmed User
                      • May 2004
                      • 1167

                      #11
                      The oil left in the world will last more than 10 or even 20 years.. Thats not really an issue.

                      Prices do not have anything to do with how much oil is left, only with the production limits set by OPEC and other oil producers
                      ;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)

                      Comment

                      • egonetworks
                        Confirmed User
                        • Jan 2004
                        • 6706

                        #12
                        Originally posted by Headless
                        Thats right we went there for the oil. Now what are you gunna do bitch?
                        Hope it decreases the price?

                        Comment

                        • egonetworks
                          Confirmed User
                          • Jan 2004
                          • 6706

                          #13
                          Originally posted by M_M
                          The oil left in the world will last more than 10 or even 20 years.. Thats not really an issue.
                          Talk to some geologists, they'll disagree.

                          Comment

                          • M_M
                            Confirmed User
                            • May 2004
                            • 1167

                            #14
                            Originally posted by egonetworks
                            Talk to some geologists, they'll disagree.
                            http://www.spe.org/spe/jsp/basic/0,,...109511,00.html

                            tell me where you see anything about 10-20 years
                            ;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)

                            Comment

                            • cosis
                              Confirmed User
                              • Aug 2001
                              • 5292

                              #15
                              we went purely to help the iraqi people psshhhhhhhh

                              Comment

                              • M_M
                                Confirmed User
                                • May 2004
                                • 1167

                                #16
                                Originally posted by Headless
                                Thats right we went there for the oil. Now what are you gunna do bitch?
                                I wish most people knew that too.

                                Invading Iraq for oil is not what the most of the nation agrees with.
                                ;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)!;-)

                                Comment

                                • Scherfi
                                  Confirmed User
                                  • Jun 2003
                                  • 868

                                  #17
                                  oil prices went up because US of A is filling its depots. maybe they expect something bad in the near future (a new war maybe?)

                                  however depots are almost filled, so prices should go back a little soon.

                                  THE TRUTH IS OUT THERE
                                  http://www.fastthumber.com

                                  Comment

                                  • Fabuleux
                                    Confirmed User
                                    • May 2003
                                    • 2543

                                    #18

                                    See, allmost nothing left in NA...




                                    Don't forget the economy in China is growing at a fast rate. Another problem is, when the oilfields are for 50% dry, it becomes harder and harder to pump it out of the ground.
                                    Last edited by Fabuleux; 06-26-2004, 06:29 PM.

                                    Comment

                                    • volante
                                      Confirmed User
                                      • Mar 2002
                                      • 2940

                                      #19
                                      Thermodepolymerization - could this be the answer?

                                      Comment

                                      • Webby
                                        Too lazy to set a custom title
                                        • Oct 2002
                                        • 14956

                                        #20
                                        Scherfi:

                                        oil prices went up because US of A is filling its depots. maybe they expect something bad in the near future (a new war maybe?)

                                        however depots are almost filled, so prices should go back a little soon.
                                        Mmmm... partly! :-) The major reason for the increase on oil prices is a higher demand from the Asian countries.

                                        But considering the US consumes almost 25% of the world's oil, yet only has 5% of the world's population and is 10th in ranking in profitable production (pro rata investment), - I can't see oil prices *ever* reach the levels they were a few years back.
                                        XXX TLD's - Another mosquito to swat.

                                        Comment

                                        • fuzebox
                                          making it rain
                                          • Oct 2003
                                          • 22363

                                          #21
                                          Sweet, hopefully gas prices will go down

                                          Comment

                                          • Scherfi
                                            Confirmed User
                                            • Jun 2003
                                            • 868

                                            #22
                                            Originally posted by Webby
                                            Scherfi:



                                            Mmmm... partly! :-) The major reason for the increase on oil prices is a higher demand from the Asian countries.

                                            But considering the US consumes almost 25% of the world's oil, yet only has 5% of the world's population and is 10th in ranking in profitable production (pro rata investment), - I can't see oil prices *ever* reach the levels they were a few years back.
                                            yes, you are right about that. especially china is growing rapidly (as faboleux mentioned already).
                                            http://www.fastthumber.com

                                            Comment

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