NEW! Members Only Forums!

Access more articles, news & discussion by becoming a PeakOil.com Member.
Register Today...
It's FREE!


Login



Peak Oil is You


Donate Bitcoins :-)


THE Iraqi Oil Thread pt 2 (merged)

Discussions related to the global politics of energy use and acquisition.

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby TheDude » Thu 02 Jul 2009, 03:23:22

Hat tip to memmel for posting this in another thread, but the juicy meat is on page 2 which he didn't quote:

Iraq oil auction dashes majors' bonanza hopes | Reuters

The failure of even Chinese oil companies -- typically the biggest payers in auctions for energy assets -- to meet Iraq's demands is not a good omen for future bid rounds, IHS Global Insight Middle East Energy analyst Samuel Ciszuk told Reuters.

Part of the reason for the chasm on value perceptions may be related to reservoir damage, Ciszuk said.

After viewing data on the fields in recent months, foreign companies may have concluded the damage, due to underinvestment in recent years, is greater even than Baghdad realizes, and so that the two sides have varying perceptions on the risks attached to meeting the production targets in the contracts.


This is of crucial importance; this ruinous policy has been going on for almost two decades now, and will severely impact URR of these fields. Recently I came across another piece saying they were still injecting resid; here is one from 2005:

Derelict Plants Are Crippling Iraq's Petroleum Industry (NYT)

If the gas is not going to be used to create petroleum products, Mr. Braudaway said, it would normally be reinjected to keep the pressure up as oil is extracted, insuring a longer life for the wells. But Iraq does not do that either. Instead, in the south, which has 80 percent of the country's oil reserves, it uses an antiquated system of water injection to keep the pressure up. (The problems are even worse in the north, where for reasons known only to themselves, Iraqi engineers pumped things like excess fuel oil, refinery residues and old crude oil into some wells, probably damaging them permanently.)


This has been going on since at least 1992: IRAQ - The Main Fields In The North. - Free Online Library

Since 1992, NOC has been re-injecting fuel oil into the Baba and Avanah domes. In 1990 it had a total of 269 wells, including 71 production wells.


An excellent blog: Iraqi Reservoir Damage May Be Long-Lasting

By Ruba Husari

(Published in International Oil Daily Sept. 28, 2004)

Iraq’s leading oil field, Kirkuk, may have suffered irreparable damage to its reservoir as a result of the reinjection of fuel oil, refinery residue and gas-stripped oil over the last 15 years, according to Iraqi industry sources.

The reinjected products amount to some 1.5 billion barrels, according to one estimate.

The process, which was widespread under the former regime of Saddam Hussein, is still continuing, as Iraq struggles to balance its product needs. In general, crude production since the end of last year’s war has continued in the same manner as before, with little sub-surface maintenance.

While under UN sanctions from 1990 to 2003, Iraq for years reinjected excess fuel oil into the Kirkuk field, to deal with excess products that it failed to export, legally or otherwise. Baghdad was allowed to export crude from 1996 under the UN supervised oil-for-food program, under strict supervision by UN monitors.


Petroleum engineers and analysts say the reinjection of so much fuel oil and crude could complicate the Kirkuk field’s reservoir study. “Kirkuk is already a carbonated field and reinjecting fluids that are not original fluids to the field could modify the reservoir structure,” said one engineer.

In a worst-case scenario, the use of additives could change the “wettability” of the field, creating oil-wet rocks instead of water-wet ones. That kind of damage is usually irreparable, experts say.

The injection of fuel oil has definitely increased viscosity, making crude flows harder, sources say. One remedy to this problem involves using gas lift and installing gas pumps in the subsurface facilities.

“It all depends on where in the field the injection took place, how big the area concerned is, and whether it was done at a limited number of wells and which ones,” said another petroleum engineer.
Cogito, ergo non satis bibivi
And let me tell you something: I dig your work.
User avatar
TheDude
Expert
Expert
 
Posts: 4802
Joined: Thu 06 Apr 2006, 02:00:00
Location: 3 miles NW of Champoeg, Republic of Cascadia

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby dorlomin » Thu 02 Jul 2009, 07:04:47

Extreamly infromative there.

So many lives for that.
User avatar
dorlomin
Fusion
Fusion
 
Posts: 4178
Joined: Sun 05 Aug 2007, 02:00:00

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby dorlomin » Thu 02 Jul 2009, 07:41:24

Why has no one done a proper audit on Iraqi reserves since the invasion? They are playing the same OPEC reserve numbers game as everyone else.
User avatar
dorlomin
Fusion
Fusion
 
Posts: 4178
Joined: Sun 05 Aug 2007, 02:00:00

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby rockdoc123 » Thu 02 Jul 2009, 10:03:36

As someone who had the opportunity to review a couple of the fields on offer back in the oil for food campaign after Gulf War I, I'd like to point out that the rumors of extensive reservoir damage are just that, rumors.
Note that the bids in the round were two part....1. bid a dollar per bbl value that the contractor would like to walk away with on the incremental bbls and 2. what the increase in production or # incremental bbls is. I've seen the bids and in most cases the IOC's bid higher incremental production uptick than the Iraqi's were expecting but also higher dollar per bbl value. This suggests that the IOC's were not at all concerned about being able to "fix" the issues with the various fields.
From what I have seen the real issue with the Iraq fields is anisotropy. Most of the reservoir units are not ubiquitous in quality across the big fields. As an example in Kirkuk the really great Eocene-Miocene reefal reservoirs are only present in part of the field. The same can be said for East Baghdad and Rumaila.
Why were the blocks not awarded....simply because the IOC's feel that they can't make any money at the $2/bbl uptick the Iraqis are setting as a limit. Operating costs here are going to be absolutely horrendous, much of those costs associated with setting up appropriate security. Note that CNPC and it's partners bid $7 uptick for Kirkuk which speaks directly to the huge risk premium they see as being necessary.
My back of the envelope calculation suggests BP is going to at best breakeven on this venture. They possibly see this as a "foot in the door" approach. Note that for the very big IOC's they are driven to some extent not just by return on investment but also by reserve replacement. A company the size of BP needs huge additions in reserves each year just to offset production....not easy to come by in the world these days. Hence if they are driven by reserve replacement they might be willing to accept very crappy return on investment. It's all about the metrics that drive share prices.
User avatar
rockdoc123
Fusion
Fusion
 
Posts: 3325
Joined: Mon 16 May 2005, 02:00:00

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby TheDude » Thu 02 Jul 2009, 10:53:26

Thanks for the input, rock. Do you think the IOCs might be playing up these rumors to up the ante a little? Also the links I provide show that these bad reservoir practices continue to this day, so this isn't peculiar to the Hussein days.

A very intriguing article on that blog I linked to is an interview with Jabbar Al-Luaibi, former head of SOC. His description of all the headaches and wrangling to keep production up fits a description I read recently about the goings on in Iraq, "holding things together with duct tape and rubber bands." Lots info here about field operations you'll take an interest in I'm sure.
Cogito, ergo non satis bibivi
And let me tell you something: I dig your work.
User avatar
TheDude
Expert
Expert
 
Posts: 4802
Joined: Thu 06 Apr 2006, 02:00:00
Location: 3 miles NW of Champoeg, Republic of Cascadia

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby rockdoc123 » Thu 02 Jul 2009, 12:33:12

There is no argument that there wasn't bad reservoir practices, but that isn't unique to Iraq. The industry is quite capable of producing from most reservoirs that have been abused by all manner of bad practice. Good example would be the Turner Valley oil field where early production in the first half of the twentieth century entailed blowing down the gas cap and hence underming the produceability of the reservoir. Recently companies have been using Nitrogen injection to assist in oil recovery with the ultimate recovery likely to not be much less than if they had reinjected the natural gas in the first place.

No doubt it is a real mess over there right now. Nothing that a few billion dollars of investment couldn't fix though.
User avatar
rockdoc123
Fusion
Fusion
 
Posts: 3325
Joined: Mon 16 May 2005, 02:00:00

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby Starvid » Sat 04 Jul 2009, 21:17:34

And those investments will not be forthcoming until the IOC's see a stable legal environment, which won't happen until the Americans leave.
Peak oil is not an energy crisis. It is a liquid fuel crisis.
User avatar
Starvid
Fusion
Fusion
 
Posts: 3023
Joined: Sun 20 Feb 2005, 03:00:00
Location: Uppsala, Sweden

Re: Iraq Opens Oilfields as Exxon, Shell Seek Foothold

Unread postby Graeme » Sun 05 Jul 2009, 00:06:50

Iraq expects more from second energy auction

The Iraqi government is hoping that a second major auction of oil and gas fields later this year will help revive a struggling oil industry where a first auction this week fell short, a government spokesman said.

"We think that the first (bidding) round didn't achieve the full objectives of the Ministry of Oil," government spokesman Ali al-Dabbagh told Reuters on Saturday.

"At the same time, it was a good achievement especially in Rumaila oilfield ... With that level of production, we have compensated for the less(er) achievement of the first round. Generally we are happy with what we achieved," he said.


reuters
Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
http://www.repoweramerica.org/
User avatar
Graeme
Master
Master
 
Posts: 7233
Joined: Fri 04 Mar 2005, 03:00:00
Location: New Zealand

China to get Iraq's oil

Unread postby Cynus » Mon 06 Jul 2009, 21:10:44

Now we know what we had to give them to keep them buying our debt...

China's three major oil companies are thinking of participating in Iraq's second auction of oil and gas fields later this year, in a move to get a better foothold in the country's oil industry.

http://www.chinadaily.com.cn/cndy/2009- ... 385507.htm

and

Iraq Oil: China Wants Iraqi Oil Fields - Even if They Lose Money

http://www.economywatch.com/economy-bus ... 06_07.html
One of these now am I too, a fugitive from the gods and a wanderer, at the mercy of raging Strife.
--Empedocles

http://apoxonbothyourhouses.blogspot.com
User avatar
Cynus
Intermediate Crude
Intermediate Crude
 
Posts: 644
Joined: Fri 13 Aug 2004, 02:00:00

Re: China to get Iraq's oil

Unread postby lowem » Tue 07 Jul 2009, 00:04:10

If at all true, that would be one heck of a deal.
Live quotes - oil/gold/silver
User avatar
lowem
Moderator
Moderator
 
Posts: 1891
Joined: Mon 19 Jul 2004, 02:00:00
Location: Singapore

Re: China to get Iraq's oil

Unread postby James21 » Wed 08 Jul 2009, 16:37:31

I am always skeptical about these kinds of stories, but it is kind of scary to think of an even more powerful China. This could spell more big economic trouble. For the sake of the U.S., I hope this article is wrong... But I wouldn't be surprised if it is right on.
James21
Coal
Coal
 
Posts: 2
Joined: Wed 08 Jul 2009, 16:12:20

Re: THE Iraqi Oil Thread pt 1 (merged)

Unread postby OilFinder2 » Fri 24 Jul 2009, 23:47:26

Ah, here's where this thread went. Wasn't in the "Merged Threads" index.

Anyway, interesting tidbit, if it comes to fruit:

>>> BP: Iraq Oil Deal is Start of Something Big <<<
[...]

One other aspect of the bid round was encouraging for the Iraqis. The top production targets bid by the international oil community on the six oil fields on offer add up to 8.2 million barrels per day. If achieved, that level of output would put Iraq in a rarefied league with Saudi Arabia as a major oil exporter.

[...]
User avatar
OilFinder2
Master
Master
 
Posts: 7451
Joined: Wed 26 Mar 2008, 02:00:00
Location: Cornucopia

Big stake for Iraqi Kurds in enlarged Heritage Oil

Unread postby Ferretlover » Wed 05 Aug 2009, 14:13:35

August 5, 2009 Big stake for Iraqi Kurds in enlarged Heritage Oil by Robin Pagnamenta:
The government of the disputed Kurdish region of Iraq is set to become one of the biggest shareholders in Heritage Oil. The Iraq-focused oil explorer founded by Tony Buckingham, the former mercenary, said that the Kurdistan Regional Government (KRG) would acquire a 17 per cent stake in the enlarged company to be created after a merger with Genel Energy. Heritage announced the tie-up with Genel, a subsidiary of Turkey’s Cukorova Group, in June.
The deal, not yet completed, is set to create a FTSE 100 oil producer focused on the Kurdish region of northern Iraq worth more than £3 billion. Heritage said yesterday that the KRG would receive 96 million shares in the new company.
In exchange, the KRG has agreed to cancel a $1.1 billion (£650 million) payment that Genel had been due to make to the KRG for its right to drill and produce oil in the region. The payment had been described as a “capacity building liability for infrastructure support to the Kurdistan Region of Iraq”.

TimesOnline
I guess as long as Good old Tony, a former *mercenary*, says its's okay with him, it's okay with me, too. :)
"Open the gates of hell!" ~Morgan Freeman's character in the movie, Olympus Has Fallen.
Ferretlover
Archivist
Archivist
 
Posts: 5796
Joined: Wed 13 Jun 2007, 02:00:00
Location: Hundreds of miles further inland

Iraq and oil majors agree terms on oilfield project

Unread postby Graeme » Sat 03 Oct 2009, 16:00:32

Iraq and oil majors agree terms on oilfield project

Iraq and oil majors British Petroleum and China's CNPC International have agreed commercial terms for a joint venture to almost triple production at the giant Rumaila oilfield, a report said on Saturday.

The signing of the deal for the 20-year venture, expected to cost 14-20 billion dollars, is expected to take place within weeks, Middle East Economic Survey (MEES) quoted officials as saying.

The joint venture is slated to boost production at the southern Rumaila field from the current one million barrels per day (bpd) to around 2.85 million bpd over the duration of the contract.

The plan envisages adding 10 percent to production within a year and raising the field's output by 300,000-400,000 bpd within three to four years, according to MEES.

Iraq's total current oil production is around 2.5 million bpd.


yahoo
Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
http://www.repoweramerica.org/
User avatar
Graeme
Master
Master
 
Posts: 7233
Joined: Fri 04 Mar 2005, 03:00:00
Location: New Zealand

Iraq cuts foreign deals for boost to oil output

Unread postby Graeme » Wed 14 Oct 2009, 03:18:56

Iraq cuts foreign deals for boost to oil output

Foreign energy firms have agreed to Iraq's conditions for investment in two major oilfields in the south of the country, Baghdad announced on Tuesday as it prepares to dramatically ramp up oil output.

Oil Minister Hussein al-Shahristani told a news conference that the aim is for crude production to be increased to between 10 and 12 million barrels per day within six years -- up from the current level of around 2.5 million bpd.


yahoo
Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
http://www.repoweramerica.org/
User avatar
Graeme
Master
Master
 
Posts: 7233
Joined: Fri 04 Mar 2005, 03:00:00
Location: New Zealand

Re: Iraq cuts foreign deals for boost to oil output

Unread postby Tanada » Wed 14 Oct 2009, 06:08:28

Graeme wrote:Iraq cuts foreign deals for boost to oil output

Foreign energy firms have agreed to Iraq's conditions for investment in two major oilfields in the south of the country, Baghdad announced on Tuesday as it prepares to dramatically ramp up oil output.

Oil Minister Hussein al-Shahristani told a news conference that the aim is for crude production to be increased to between 10 and 12 million barrels per day within six years -- up from the current level of around 2.5 million bpd.


yahoo


It would be fantastic for the world economy if they can actually do this, and I personally would benefit from a better economy. On the other hand if they do this without KSA collapsing then prices will be low enough to stifle alternative's from reaching marketable prices.
Always appeal to a man's enlightened self interest, you can trust him to look out for himself honestly, It's when you appeal to his Honor or the Common Good that he stops paying attention.
User avatar
Tanada
Site Admin
Site Admin
 
Posts: 6606
Joined: Thu 28 Apr 2005, 02:00:00
Location: West shore Lake Eire, MI, USA

Re: THE Iraqi Oil Thread pt 1 (merged)

Unread postby OilFinder2 » Sat 17 Oct 2009, 22:11:38

>>> LINK <<<
Iraq's oil contracts, scale and obstacles
Fri Oct 16, 2009 9:51am EDT

DUBAI, Oct 16 (Reuters) - Iraq is close to finalising deals at three of its largest oilfields that could nearly triple output and make it the world's number three producer after Russia and Saudi Arabia.

How big are the deals?

The potential increase in oil output from the three deals is around 4.5 million barrels per day (bpd), which would nearly triple Iraqi output to around 7 million bpd from around 2.5 million bpd.

The increase is around 5 percent of global oil supply. It is enough oil to supply nearly a quarter of daily U.S. consumption, or more than half of China's.

The rise in supply could put prolonged pressure on global oil prices. Oil producers are already sitting on the largest spare capacity cushion for years after the global recession reduced oil demand sharply this year. A big build from Iraq would expand the time it would take for growth in global oil demand to erode the spare capacity.

[...]
User avatar
OilFinder2
Master
Master
 
Posts: 7451
Joined: Wed 26 Mar 2008, 02:00:00
Location: Cornucopia

Re: Iraq has ‘more crude oil’ than Saudi Arabia, says author

Unread postby evgeny » Mon 19 Oct 2009, 23:03:24

AlexdeLarge wrote:After Oil By David Fleming
(C) Prospect Magazine, November 2000

link


"Only one country has the potential for a serious increase in output, on a scale which could make a difference. The bad news is: that country is Iraq. Iraq's oil geology is not fully explored, but there are some well-informed guesses. One estimate is that there are 110 billion barrels there--equal to more than three British North Seas, or more than one third of the total resource once possessed by Saudi Arabia. This oil could not be made immediately available, but it is on a scale to keep world oil production rising for a few more years. It lies, however, in a country which is armed to the teeth, consumed by loathing of the west, and just waiting for a US armed intervention to make its day. Iraq was prevented from selling off its oil during the 1990s, when prices were lower than they will ever be again; it will soon be well placed to apply its own sanctions to the rest of the world by fine-tuning its output and naming its price. "


W was your Peak Oil believer. Cheney/Bush had a plan. Secure and protect the last largest reserves on the planet. Get there before China locked into long term agreements with Sadam.

Now we are going to withdraw all forces from Iraq. No blood for Oil.

We can always build nukes! Nope. Drill off shore? Nope. Burn Coal? Nope. Oh well..................


Blackwater: Stop Acting Surprised
By Gary Brecher

One thing you notice more and more the longer you hang around this sleazy world is the way mainstream types can’t admit to the obvious. They always have to act shocked. So it’s like, “Bond Mogul Convicted of Fraud”-oh, the shock! Like they didn’t know, like everybody over the age of nine doesn’t know, that insider trading is the whole point of the market. So much lying. Makes me sick.

And if you say you weren’t surprised, you’re the bad guy. You’re “cynical.” I love that word, “cynical.” Why not call the guy who discovered germs “cynical”? That’s a nasty theory if I ever heard one: armies of little monsters too small to see, just waiting to turn your mucus membranes into their orgy pools. It’s true, sure, but gosh it’s so darn “cynical”! Let’s pretend it isn’t true.

No, see-nobody calls germs cynical because they don’t want to die of typhoid or diptheria or all the other stuff that people stopped getting once they faced up to the cynical facts like grownups for once in their wuss-ass lives. But just ask them to face up to anything that real where big animals like people are concerned and eeeek! They’ll scream like a cartoon elephant in a tutu at a mouse.

So take Blackwater. It’s shock’n'horror time because a couple of ex-mercs blew the whistle on Erik Prince’s Onward Christian Steroid Casualties operation in Iraq.

Yup, from shock’n'awe to shock’n'horror in only goin’-on-seven short years: that’s how fast normal healthy people can face facts. Give’em enough time, like at least until the statute of limitations runs out, which just happens to be seven years, and they’ll face facts like anything. A decent interval, that’s what they love.

The Blackwater defectors have filed a sworn deposition in federal court that Blackwater zapped Iraqis at random, aimed to kill Muslims anywhere and any time they could, paid little Baghdadi girls a dollar a head, so to speak, for sexual services and just generally behaved like cartoon baddies. David Axe at Wired.com’s half-assed Inspector-gadget military blog “Danger Room” yukked it up with a headline calling Erik Prince a “super-villain” and called the defectors’ story “a fantastic litany of crimes, almost too fantastic to be believed.”

This is crap, of course. There’s nothing unbelievable or even unusual about what these Blackwater mercs did in Iraq. It’s what mercs always do, wherever they go. The only way you can be surprised about what happened is if you’ve been lying to yourself for your whole life.

Number one, and this will be bad news to all the computer dweebs at Wired: insurgency and counterinsurgency war is made with people. Not gadgets. So it comes down to the quality of the people you put in the field.

While we’re letting that sink in, and believe me it’s a real bummer for these Popular Mechanix war fans so it’ll take a while to sink in-while we wait, we’ll go on to bad news item #2: We hate the Iraqis. We didn’t go there to save them or help them or paint their thumbs purple, we went there to punish them, hurt them, fuck them up. This is one of the biggest and dumbest lies around, this “saving Private Iraqi” crap. Before the war people were a little more honest: we’re going to blast the fuckers, make them pay. “Pay for what?” wasn’t very clear but then who was asking? Nobody cared. Just make them pay.

Then they turned out to be unarmed, WMD-wise, and we were stuck like a Bakersfield cop standing over a dead cholo. What do you do, plant a .38 on him? Not in Iraq, not after you stupidly invited every damn news crew in the world on a ride-along in your big barrio-patrol adventure. So suddenly it was, “Uh…we shot this guy to, um, save a buncha other people, yeah, that’s it, because we love his cousins and his neighbors!”

So officially we love Iraqis, but the people saying that didn’t volunteer for Blackwater. You know why? Because everybody, and I mean everybody, in America knows that the “I heart Iraq” thing is a total lie and always has been.

The guys who volunteered for Blackwater didn’t go there to build peace-corps girls’ schools, they went to get rich in a free-fire, no-rules video game. And those men are still volunteering, by the way, you can go to their site and sign up at one of their regional HQ right now:

Here’s what I mean by people never ever looking at the obvious facts: go to an internet café if you can still find one and look over the shoulder of every male in the place (which is usually everybody except one weird girl in the corner). You’ll find every one of those guys is playing a first-person shooter game or something like World of Warcraft–you know, Eric Cartman and his friends vs. Dragons or Wizards or some crap.

That’s what’s going on in the heads of every male of military age. Now most of the guys in that internet place are nice Asian boys with moms who’d skin them alive if they volunteered for Blackwater–can’t blame them either. If I was Asian I wouldn’t feel all that safe on a Blackwater training compound, I’d make my will and wait for an “accidental” frangible round in the back of the head from some redneck training buddy. So they won’t actually go to Iraq to get head from little slave girls and shoot civilians for fun.

But they’ll think about it. It’s the world most male human beings, if you wanna call us human, inhabit by preference. In our free time, online, that is. We don’t actually live like that because our parents told us, you have to do your homework and get a job eventually. We don’t want to; we want the world on that screen, killing and raping. It’s just not practical as a career.

Except around 2003 it was practical, for a whole lot of guys from places you wouldn’t want to live: Tennessee, Alabama, North Georgia, Oklahoma. Guys who’d never had a choice worth making, or only had a choice of WalMart or the Service, no money with no benefits vs. no money with at least VA for life. Suddenly these guys were making $700 per day–yes, that’s right, per day–to do what every boy at that internet café is doing: strutting around in armor shooting people.

And the people they were hired to shoot were already officially designated targets: Iraqis, ragheads, whatever. I’m not even gonna focus on the hate-speech crap, because (and damn, I get so tired of having to repeat this, but I know you bastards will avoid reality if I give you half a chance)—because, I repeat, hate speech is normal. The human norm. The only way you can think hate speech is weird or criminal is if you don’t know anything about history and never ever even listen to the people around you. I guarantee, even if you live in San Francisco–Hell, especially if you live there–you’ll find most of the talk you hear is hate speech, because that’s how people talk and always have and always will. In SF maybe the hate speech is aimed at rednecks, fat white losers like, uh, me, but it’s the same hate speech. That’s how one bunch of primates keeps itself together: by hating on another buncha primates in the next tree.

It’s that simple. The reason the SF haters don’t go volunteer for Blackwater is (a) they can make more money without risking their necks; and (b) they wouldn’t get to kill fat rednecks like me, so it wouldn’t be any fun for them. I promise you, if Blackwater got a contract to “protect” someplace like Enid, Oklahoma from “Christian Extremists” you’d get half of SF volunteering and they wouldn’t even ask what the pay rate was. It’s who we are, it’s what we do. I wouldn’t blame’em. Imagine the fun it’d be for some Noe Valley yuppie, driving down those Okie alleys with your barrel playing eenie-meenie-miney-moe, catch an okie by the frontal lobe, or just making up games, “Lessee, I’m gonna shoot the next one I see with buck teeth…or a cowboy hat…no, maybe the next four-door pickup, I hate those things, shoot the next redneck driving a crew cab….”

And then you go home, take your steroids for the day to stay nice’n'pumped’n'pissed off, and wander over to the canteen where they’ve got some nice orphan Okie girls, around ten or maybe twelve years old, and while you’re getting head off them for a dollar you’ve got the extra zip of knowing you’re the all-conquerin’ bastard that offed their parents at the traffic light last week an’ orphaned them, so you got them into their present line of employment.

That’s how Genghis Khan felt, folks. He was just honest enough to say so. It’s been a while since anybody was that honest, and it never did take hold on this side of the ocean. We’re liars, mealymouthed gospel-puking liars from the get-go, but once it gets dark–and it got nice’n'dark in Iraq for a while there–once it gets dark, we act just like every other stinking male ape who ever got handed a gun.

So just stop lying and acting surprised. That’s all I ask. Just stop lying for once. Reminds me of that old NWA line, oughta be the national motto: “Bitch, stop lyin’.” You ain’t surprised at what these Blackwater apes did, you’d do it yourself if you didn’t have better job ops stateside, and if you ever even looked around you or just remembered what you felt like when you were nineteen you’d know there’s nothing “almost unbelievable” about any of it.

Of course they did all that shit. What did you think? More and more I think most moral, normal people spend most of their energy NOT thinking about anything–history, stats, money, or even remembering what they were like when they were still alive. They spend about a gigawatt per hour NOT thinking about stuff, and anything left over goes to some crap peaceable-kingdom fantasy.

You see that even in the nature documentaries. I’ve noticed there’s always some supposedly clean kind of ape, you know? When I was a kid they thought chimps were the nice ape. Then somebody filmed chimps hunting down monkeys and eating them alive, tearing off KFC arms and legs still hot. So much for the nice chimps. Then it was the pygmy chimp, the bonobo…except some other party-pooper just filmed these nice little feminist chimps doing the same thing, just with smaller monkeys. Whoops! Where’s the nice ape?

And who ever said there was one?
User avatar
evgeny
Intermediate Crude
Intermediate Crude
 
Posts: 638
Joined: Mon 11 Aug 2008, 02:00:00

Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby crude_intentions » Thu 22 Oct 2009, 13:41:20

WASHINGTON, Oct 21 (Reuters) - Oil tycoon T. Boone Pickens told Congress on Wednesday that U.S. energy companies are "entitled" to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the U.S. taxpayer money spent in Iraq.

Boone, speaking to the newly formed Congressional Natural Gas Caucus, complained that the Iraqi government has awarded contracts to foreign companies, particularly Chinese firms, to develop Iraq's vast reserves while American companies have mostly been shut out.

"They're opening them (oil fields) up to other companies all over the world ... We're entitled to it," Pickens said of Iraq's oil. "Heck, we even lost 5,000 of our people, 65,000 injured and a trillion, five hundred billion dollars."

President Barack Obama has pledged to withdraw U.S. troops in Iraq.

"We leave there with the Chinese getting the oil," Pickens said.


BP and the Chinese oil company CNPC were the only firms to win a contract in Iraq's bid round this summer, the first chance for foreign oil firms to compete for Iraqi oil since the U.S.-led invasion in 2003.


http://in.reuters.com/article/oilRpt/idINN2149238420091021?pageNumber=1&virtualBrandChannel=0

I guess this settles it; the Iraq war really is a failure. :lol:
Reality is merely an illusion, albeit a very persistent one.
- Albert Einstein
User avatar
crude_intentions
Heavy Crude
Heavy Crude
 
Posts: 316
Joined: Mon 03 Jan 2005, 03:00:00
Location: South Carolina

Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby crude_intentions » Thu 22 Oct 2009, 13:43:15

Mods I screwed up posting in this forum please move it.
Reality is merely an illusion, albeit a very persistent one.
- Albert Einstein
User avatar
crude_intentions
Heavy Crude
Heavy Crude
 
Posts: 316
Joined: Mon 03 Jan 2005, 03:00:00
Location: South Carolina

PreviousNext

Return to Geopolitics

Who is online

Users browsing this forum: No registered users and 7 guests