Iraq has the second largest oil reserve in the world - GoFuckYourself.com

M_M · 06-26-2004, 07:00 PM

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"

AndrewKanuck · 06-26-2004, 07:02 PM

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

M_M · 06-26-2004, 07:02 PM

oh, almost forgot

proof: http://www.globalpolicy.org/security/oil/irqindx.htm

Fabuleux · 06-26-2004, 07:11 PM

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

Vitasoy · 06-26-2004, 07:12 PM

Not surprising...

AndrewKanuck · 06-26-2004, 07:12 PM

Quote:

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

MattO · 06-26-2004, 07:13 PM

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?

Shooter · 06-26-2004, 07:15 PM

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

Fabuleux · 06-26-2004, 07:15 PM

Quote:

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".

dropped9 · 06-26-2004, 07:17 PM

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

M_M · 06-26-2004, 07:18 PM

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

AndrewKanuck · 06-26-2004, 07:18 PM

Quote:

Originally posted by Headless
Thats right we went there for the oil. Now what are you gunna do bitch?

Hope it decreases the price?

AndrewKanuck · 06-26-2004, 07:19 PM

Quote:

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.

M_M · 06-26-2004, 07:21 PM

Quote:

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

cosis · 06-26-2004, 07:24 PM

we went purely to help the iraqi people psshhhhhhhh

M_M · 06-26-2004, 07:26 PM

Quote:

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.

Scherfi · 06-26-2004, 07:26 PM

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

Fabuleux · 06-26-2004, 07:28 PM

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.

volante · 06-26-2004, 08:44 PM

Thermodepolymerization - could this be the answer?

Webby · 06-26-2004, 09:20 PM

Scherfi:

Quote:

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.

fuzebox · 06-26-2004, 09:27 PM

Sweet, hopefully gas prices will go down

Scherfi · 06-26-2004, 09:30 PM

Quote:

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).

06-26-2004, 07:00 PM	#1
M_M Confirmed User Join Date: May 2004 Posts: 1,167	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"

06-26-2004, 07:02 PM	#2
AndrewKanuck Confirmed User Join Date: Jan 2004 Location: Cleveland & Atlanta Posts: 6,706	The oil lines was also one of the first things they setup troops around so it wasn't destroyed. __________________

06-26-2004, 07:11 PM	#4
Fabuleux Confirmed User Join Date: May 2003 Location: The Netherlands Posts: 2,543	To make your pointeven stonger, the US is allmost out of oil. Just look at the gas prices... __________________

06-26-2004, 07:12 PM	#5
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	Not surprising... __________________ [email protected]

06-26-2004, 07:26 PM	#17
Scherfi Confirmed User Join Date: Jun 2003 Location: PornStudio Posts: 868	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

06-26-2004, 07:13 PM	#7
MattO The O is for Oohhh Join Date: Feb 2003 Location: AUSTIN TEJAS Posts: 10,861	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?

06-26-2004, 07:15 PM	#8
Shooter Confirmed User Join Date: Apr 2001 Posts: 2,842	They've dropped 30 cents or so in the past 5-6 weeks here

06-26-2004, 07:17 PM	#10
dropped9 Registered User Industry Role: Join Date: Jan 2001 Location: Your moms box Posts: 26,727	Thats right we went there for the oil. Now what are you gunna do bitch?

06-26-2004, 07:18 PM	#11
M_M Confirmed User Join Date: May 2004 Posts: 1,167	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

06-26-2004, 07:24 PM	#15
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,282	we went purely to help the iraqi people psshhhhhhhh

06-26-2004, 07:28 PM	#18
Fabuleux Confirmed User Join Date: May 2003 Location: The Netherlands Posts: 2,543	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 at 07:29 PM..

06-26-2004, 08:44 PM	#19
volante Confirmed User Join Date: Mar 2002 Location: LAX Immigration Posts: 2,940	Thermodepolymerization - could this be the answer?

06-26-2004, 09:27 PM	#21
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,123	Sweet, hopefully gas prices will go down