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Usa buys more oil From? Go on guess

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  • A Offline
    A Offline
    Anthony Roach
    wrote on last edited by
    #1

    http://www.observer.co.uk/iraq/story/0,12239,882517,00.html[^] Anthony www.TonysOpenSource.pwp.blueyonder.co.uk

    J M T N R 5 Replies Last reply
    0
    • A Anthony Roach

      http://www.observer.co.uk/iraq/story/0,12239,882517,00.html[^] Anthony www.TonysOpenSource.pwp.blueyonder.co.uk

      J Offline
      J Offline
      James Spibey
      wrote on last edited by
      #2

      Another interesting essay on the 'War on Terrorism' written by Gore Vidal. Makes for very interesting reading. http://9-11congress.netfirms.com/Vidal.html[^] Cheers James

      1 Reply Last reply
      0
      • A Anthony Roach

        http://www.observer.co.uk/iraq/story/0,12239,882517,00.html[^] Anthony www.TonysOpenSource.pwp.blueyonder.co.uk

        M Offline
        M Offline
        Marc Clifton
        wrote on last edited by
        #3

        You know, some things are beginning to click. According to the article, Iraq as 112 billion barrels proven, + 100 billion unproven, and is the second largest proven reserve (Russia I guess is the first, or some other Arab state???). Generously, that makes 212 billion barrels. At a US consumption rate of 20 million barrels, plus let's assume another 20 million for the rest of the world (I'm totally guessing here), that means the Iraqi oil fields can sustain 212,000 million barrels ------- 40 million barrels per day or 5,300 days = 14 years. No wonder he wants to promote hydrogen power. Our oil reserves are heading for a major crisis. And no wonder he wants to secure Iraq. He wants the oil for the US. And he certainly doesn't want Russia to become a superpower being the only remaining area in the whole world with undeveloped oil fields. Even if my numbers are wrong, I suspect we're going to see a lot of changes in the political/energy landscape in the next 50 years. Marc Help! I'm an AI running around in someone's f*cked up universe simulator.
        Sensitivity and ethnic diversity means celebrating difference, not hiding from it. - Christian Graus
        Every line of code is a liability - Taka Muraoka

        T R B B 4 Replies Last reply
        0
        • A Anthony Roach

          http://www.observer.co.uk/iraq/story/0,12239,882517,00.html[^] Anthony www.TonysOpenSource.pwp.blueyonder.co.uk

          N Offline
          N Offline
          Nemanja Trifunovic
          wrote on last edited by
          #4

          Actually, it is not uncommon at all for sides involved in conflict to trade. During the war in Bosnia, Muslims bought weapons from their enemies - Serbs and Croats. They couldn't buy it from anyone else because of the UN embargo. :beer:

          1 Reply Last reply
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          • A Anthony Roach

            http://www.observer.co.uk/iraq/story/0,12239,882517,00.html[^] Anthony www.TonysOpenSource.pwp.blueyonder.co.uk

            T Offline
            T Offline
            Tim Smith
            wrote on last edited by
            #5

            Good article because it points out some very important points. Too bad it leaves out a lot of important information. 1. The countries who are against war are the ones who are already getting oil from Iraq. When they say "No war for oil", they mean exactly what they say. What did Russia give Iraq to get those 3 oil contracts just last week? 2. One point the article didn't mention (that is saw trying to dig through some of the strained logic), is that if the U.K. and U.S. were so interested in getting oil from Iraq, the easiest way is to move to remove the U.N. sanctions. Even if Iraq refuses to sell oil directly to the US/UK, it would still drop the price of oil to the US/UK for the exact same reasons the article pointed out. 3. One thing the article didn't point out is that oil companies from all over the world have been secretly talking about the disposition of the oil fields. Other countries have been keeping this very quiet to avoid the political fallout which in many cases, they are the ones directly involved in generating. 4. (EDIT) http://www.guardian.co.uk/oil/story/0,11319,777784,00.html[^] If you look at this article it points out that prior to the "war talk" we were already getting the lion's share of Iraqi oil. Using the author's logic, we were doing Europe a favor with the war talk since it made so much more oil available to poor old Europe. However, what the article also fails to mention is that at least as of Aug 2002, the European countries hadn't been purchasing any of that extra oil since Iraq's overall exports had been cut about in half. 5. The amount of oil we import from Iraq. (EDIT: I really goofed this up bad) http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/petroleum_supply_monthly/current/txt/psmr.txt[^] November 2002: Total Crude imports: 286,836 tb (thousand barrels) Iraq: 11,413 tb (which is around 350tbd or 3-4% of imports) Canada: 44,543 tb (See the report for other numbers. About 4 countries are at the 44k level.) Here are some very nice numbers for many places.

            J 1 Reply Last reply
            0
            • A Anthony Roach

              http://www.observer.co.uk/iraq/story/0,12239,882517,00.html[^] Anthony www.TonysOpenSource.pwp.blueyonder.co.uk

              R Offline
              R Offline
              Richard Melton
              wrote on last edited by
              #6

              Are we up to France or Russia's level yet?

              1 Reply Last reply
              0
              • M Marc Clifton

                You know, some things are beginning to click. According to the article, Iraq as 112 billion barrels proven, + 100 billion unproven, and is the second largest proven reserve (Russia I guess is the first, or some other Arab state???). Generously, that makes 212 billion barrels. At a US consumption rate of 20 million barrels, plus let's assume another 20 million for the rest of the world (I'm totally guessing here), that means the Iraqi oil fields can sustain 212,000 million barrels ------- 40 million barrels per day or 5,300 days = 14 years. No wonder he wants to promote hydrogen power. Our oil reserves are heading for a major crisis. And no wonder he wants to secure Iraq. He wants the oil for the US. And he certainly doesn't want Russia to become a superpower being the only remaining area in the whole world with undeveloped oil fields. Even if my numbers are wrong, I suspect we're going to see a lot of changes in the political/energy landscape in the next 50 years. Marc Help! I'm an AI running around in someone's f*cked up universe simulator.
                Sensitivity and ethnic diversity means celebrating difference, not hiding from it. - Christian Graus
                Every line of code is a liability - Taka Muraoka

                T Offline
                T Offline
                Tim Smith
                wrote on last edited by
                #7

                [ignore this, I misread some of my other stats...] Tim Smith I'm going to patent thought. I have yet to see any prior art.

                J M 2 Replies Last reply
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                • T Tim Smith

                  [ignore this, I misread some of my other stats...] Tim Smith I'm going to patent thought. I have yet to see any prior art.

                  J Offline
                  J Offline
                  Jamie Hale
                  wrote on last edited by
                  #8

                  Tim Smith wrote: A British billion is a million X million. Really? In Canada, where we still have a Queen, a billion is a one thousand million. Regardless, his estimates are way off if the figures you quoted are correct. J

                  May the bear never have cause to eat you.

                  T 1 Reply Last reply
                  0
                  • T Tim Smith

                    Good article because it points out some very important points. Too bad it leaves out a lot of important information. 1. The countries who are against war are the ones who are already getting oil from Iraq. When they say "No war for oil", they mean exactly what they say. What did Russia give Iraq to get those 3 oil contracts just last week? 2. One point the article didn't mention (that is saw trying to dig through some of the strained logic), is that if the U.K. and U.S. were so interested in getting oil from Iraq, the easiest way is to move to remove the U.N. sanctions. Even if Iraq refuses to sell oil directly to the US/UK, it would still drop the price of oil to the US/UK for the exact same reasons the article pointed out. 3. One thing the article didn't point out is that oil companies from all over the world have been secretly talking about the disposition of the oil fields. Other countries have been keeping this very quiet to avoid the political fallout which in many cases, they are the ones directly involved in generating. 4. (EDIT) http://www.guardian.co.uk/oil/story/0,11319,777784,00.html[^] If you look at this article it points out that prior to the "war talk" we were already getting the lion's share of Iraqi oil. Using the author's logic, we were doing Europe a favor with the war talk since it made so much more oil available to poor old Europe. However, what the article also fails to mention is that at least as of Aug 2002, the European countries hadn't been purchasing any of that extra oil since Iraq's overall exports had been cut about in half. 5. The amount of oil we import from Iraq. (EDIT: I really goofed this up bad) http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/petroleum_supply_monthly/current/txt/psmr.txt[^] November 2002: Total Crude imports: 286,836 tb (thousand barrels) Iraq: 11,413 tb (which is around 350tbd or 3-4% of imports) Canada: 44,543 tb (See the report for other numbers. About 4 countries are at the 44k level.) Here are some very nice numbers for many places.

                    J Offline
                    J Offline
                    Jamie Hale
                    wrote on last edited by
                    #9

                    Tim Smith wrote: October 2002 1. Canada 2,073mbd (million barrels per day) 2. Saudi Arabia 1,690mbd 3. Venezuela 1,616mbd 4. Mexico 1,577mbd 5. United Kingdom 591mbd 6. Nigeria 574mbd 7. Norway 318mbd 8. Russia 287mbd 9. Angola 258mbd 10. Algeria 239mbd 11. Other 2,522mbd Not that I don't believe you, but where did you find these numbers. If my addition is correct, that's over 11 billion barrels per day, and that's a hell of a lot. To follow up on the math posted above, 210 billion barrels is only 19 days-worth of oil. Which doesn't sound right. Again, I'm not accusing you of making this up. I'm just curious to see the source of those numbers. J

                    May the bear never have cause to eat you.

                    T 1 Reply Last reply
                    0
                    • J Jamie Hale

                      Tim Smith wrote: A British billion is a million X million. Really? In Canada, where we still have a Queen, a billion is a one thousand million. Regardless, his estimates are way off if the figures you quoted are correct. J

                      May the bear never have cause to eat you.

                      T Offline
                      T Offline
                      Tim Smith
                      wrote on last edited by
                      #10

                      I added my source to my message (silly me not having it before). http://api-ec.api.org/media/index.cfm?objectid=2D4B1FD8-5520-42EF-BBE7500E86499E98&method=display_body&er=1&bitmask=001007000000000000[^] Tim Smith I'm going to patent thought. I have yet to see any prior art.

                      1 Reply Last reply
                      0
                      • J Jamie Hale

                        Tim Smith wrote: October 2002 1. Canada 2,073mbd (million barrels per day) 2. Saudi Arabia 1,690mbd 3. Venezuela 1,616mbd 4. Mexico 1,577mbd 5. United Kingdom 591mbd 6. Nigeria 574mbd 7. Norway 318mbd 8. Russia 287mbd 9. Angola 258mbd 10. Algeria 239mbd 11. Other 2,522mbd Not that I don't believe you, but where did you find these numbers. If my addition is correct, that's over 11 billion barrels per day, and that's a hell of a lot. To follow up on the math posted above, 210 billion barrels is only 19 days-worth of oil. Which doesn't sound right. Again, I'm not accusing you of making this up. I'm just curious to see the source of those numbers. J

                        May the bear never have cause to eat you.

                        T Offline
                        T Offline
                        Tim Smith
                        wrote on last edited by
                        #11

                        I added my source. And yes, the numbers looked strange to me too so I verified that yes, it was 11bbd. That is a HELL of a lot of oil. Tim Smith I'm going to patent thought. I have yet to see any prior art.

                        J 1 Reply Last reply
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                        • T Tim Smith

                          I added my source. And yes, the numbers looked strange to me too so I verified that yes, it was 11bbd. That is a HELL of a lot of oil. Tim Smith I'm going to patent thought. I have yet to see any prior art.

                          J Offline
                          J Offline
                          Jamie Hale
                          wrote on last edited by
                          #12

                          1. U.S. petroleum imports (crude & products) in November were 11,661,000 barrels per day (b/d); imports in the same month last year were 11,611,000 (b/d). (API). That's 11 million barrels per day. *phew* Further on down the other source you mentioned, it says 8-9 million barrels per day go to automobile fuel. That's roughly 80% and that sounds about right to me, being the oil-non-magnate that I am... J

                          May the bear never have cause to eat you.

                          T 2 Replies Last reply
                          0
                          • J Jamie Hale

                            1. U.S. petroleum imports (crude & products) in November were 11,661,000 barrels per day (b/d); imports in the same month last year were 11,611,000 (b/d). (API). That's 11 million barrels per day. *phew* Further on down the other source you mentioned, it says 8-9 million barrels per day go to automobile fuel. That's roughly 80% and that sounds about right to me, being the oil-non-magnate that I am... J

                            May the bear never have cause to eat you.

                            T Offline
                            T Offline
                            Tim Smith
                            wrote on last edited by
                            #13

                            Yeah, I am working on new numbers. I totally F'ed that up. LOL... :laugh: Tim Smith I'm going to patent thought. I have yet to see any prior art.

                            J 1 Reply Last reply
                            0
                            • T Tim Smith

                              Yeah, I am working on new numbers. I totally F'ed that up. LOL... :laugh: Tim Smith I'm going to patent thought. I have yet to see any prior art.

                              J Offline
                              J Offline
                              Jamie Hale
                              wrote on last edited by
                              #14

                              Tim Smith wrote: Yeah, I am working on new numbers. I totally F'ed that up. :laugh: See if you can make some up with 7s in them. I like 7s. J

                              May the bear never have cause to eat you.

                              T 1 Reply Last reply
                              0
                              • T Tim Smith

                                [ignore this, I misread some of my other stats...] Tim Smith I'm going to patent thought. I have yet to see any prior art.

                                M Offline
                                M Offline
                                Marc Clifton
                                wrote on last edited by
                                #15

                                Can't wait to see what my email says, but it seems that the automated CP email server is not sending out emails. Argh. Marc Help! I'm an AI running around in someone's f*cked up universe simulator.
                                Sensitivity and ethnic diversity means celebrating difference, not hiding from it. - Christian Graus
                                Every line of code is a liability - Taka Muraoka

                                T 1 Reply Last reply
                                0
                                • J Jamie Hale

                                  Tim Smith wrote: Yeah, I am working on new numbers. I totally F'ed that up. :laugh: See if you can make some up with 7s in them. I like 7s. J

                                  May the bear never have cause to eat you.

                                  T Offline
                                  T Offline
                                  Tim Smith
                                  wrote on last edited by
                                  #16

                                  LOL... I am not making them up. *fakes annoyance* Sad thing is I knew something wasn't coming out right but I just couldn't spot it. Sad. :( Tim Smith I'm going to patent thought. I have yet to see any prior art.

                                  1 Reply Last reply
                                  0
                                  • M Marc Clifton

                                    Can't wait to see what my email says, but it seems that the automated CP email server is not sending out emails. Argh. Marc Help! I'm an AI running around in someone's f*cked up universe simulator.
                                    Sensitivity and ethnic diversity means celebrating difference, not hiding from it. - Christian Graus
                                    Every line of code is a liability - Taka Muraoka

                                    T Offline
                                    T Offline
                                    Tim Smith
                                    wrote on last edited by
                                    #17

                                    I just said that a british billion is 1m * 1m. The reason I thought UK report was in british billions is because my numbers from government reporting agency didn't match up anywhere close. Turns out I misread the heading. Silly me. I wasn't flaming you. Tim Smith I'm going to patent thought. I have yet to see any prior art.

                                    1 Reply Last reply
                                    0
                                    • J Jamie Hale

                                      1. U.S. petroleum imports (crude & products) in November were 11,661,000 barrels per day (b/d); imports in the same month last year were 11,611,000 (b/d). (API). That's 11 million barrels per day. *phew* Further on down the other source you mentioned, it says 8-9 million barrels per day go to automobile fuel. That's roughly 80% and that sounds about right to me, being the oil-non-magnate that I am... J

                                      May the bear never have cause to eat you.

                                      T Offline
                                      T Offline
                                      Tim Smith
                                      wrote on last edited by
                                      #18

                                      Well, I was... But it wasn't my fault. Here is my first link again: http://api-ec.api.org/media/index.cfm?objectid=2D4B1FD8-5520-42EF-BBE7500E86499E98&method=display_body&er=1&bitmask=001007000000000000[^] Check the last two tables down at the bottom. This is where I got my numbers. The heading says (MB/D) instead of (TB/D). I knew I wasn't going crazy!!! :laugh: Tim Smith I'm going to patent thought. I have yet to see any prior art.

                                      R 1 Reply Last reply
                                      0
                                      • M Marc Clifton

                                        You know, some things are beginning to click. According to the article, Iraq as 112 billion barrels proven, + 100 billion unproven, and is the second largest proven reserve (Russia I guess is the first, or some other Arab state???). Generously, that makes 212 billion barrels. At a US consumption rate of 20 million barrels, plus let's assume another 20 million for the rest of the world (I'm totally guessing here), that means the Iraqi oil fields can sustain 212,000 million barrels ------- 40 million barrels per day or 5,300 days = 14 years. No wonder he wants to promote hydrogen power. Our oil reserves are heading for a major crisis. And no wonder he wants to secure Iraq. He wants the oil for the US. And he certainly doesn't want Russia to become a superpower being the only remaining area in the whole world with undeveloped oil fields. Even if my numbers are wrong, I suspect we're going to see a lot of changes in the political/energy landscape in the next 50 years. Marc Help! I'm an AI running around in someone's f*cked up universe simulator.
                                        Sensitivity and ethnic diversity means celebrating difference, not hiding from it. - Christian Graus
                                        Every line of code is a liability - Taka Muraoka

                                        R Offline
                                        R Offline
                                        Rob Graham
                                        wrote on last edited by
                                        #19

                                        I don't know where the article gets these figures, but after comparision with OPEC's official report, They seem rather suspect. OPEC's 2001 figures 2001 annual statistical bulletin (latest available...) Proven reserves million barrels: Iraq 112,500 Saudi Arabia 262,967 Latin America 123,896 Eastern Europe 60,370 Total World 1,107,850 Crude Imports 1000 b/d (note:1000, NOT million) USA 9,223 Western Europe 11,552 France 1,713 Germany 2,123 Total World 38,113 so, at 2001 rates, the world supply will be exhausted in 29,067 days, or 79 years. Not 14 years, but still imminent enough for concern. :~ Some ideas are so stupid that only an intellectual could have thought of them - George Orwell

                                        B 1 Reply Last reply
                                        0
                                        • M Marc Clifton

                                          You know, some things are beginning to click. According to the article, Iraq as 112 billion barrels proven, + 100 billion unproven, and is the second largest proven reserve (Russia I guess is the first, or some other Arab state???). Generously, that makes 212 billion barrels. At a US consumption rate of 20 million barrels, plus let's assume another 20 million for the rest of the world (I'm totally guessing here), that means the Iraqi oil fields can sustain 212,000 million barrels ------- 40 million barrels per day or 5,300 days = 14 years. No wonder he wants to promote hydrogen power. Our oil reserves are heading for a major crisis. And no wonder he wants to secure Iraq. He wants the oil for the US. And he certainly doesn't want Russia to become a superpower being the only remaining area in the whole world with undeveloped oil fields. Even if my numbers are wrong, I suspect we're going to see a lot of changes in the political/energy landscape in the next 50 years. Marc Help! I'm an AI running around in someone's f*cked up universe simulator.
                                          Sensitivity and ethnic diversity means celebrating difference, not hiding from it. - Christian Graus
                                          Every line of code is a liability - Taka Muraoka

                                          B Offline
                                          B Offline
                                          Brian Olej
                                          wrote on last edited by
                                          #20

                                          Marc Clifton wrote: and is the second largest proven reserve (Russia I guess is the first, or some other Arab state???). I believe the first is Serbia, I'm not positive though "We will thrive in the new environment, leaping across space and time, everywhere and nowhere, like air or radiation, redundant, self-replicating, and always evolving." -unspecified individual

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