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THE Iraqi Oil Thread pt 2 (merged)

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

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.
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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.

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

Unread postby GASMON » Thu 22 Oct 2009, 14:14:52

No doubt the USA will allow China a large amount of Iraq's oil for "Debt repayment purposes"

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

Unread postby dinopello » Thu 22 Oct 2009, 14:59:40

GASMON wrote:No doubt the USA will allow China a large amount of Iraq's oil for "Debt repayment purposes"

Gasmon


That's brilliant ! A perfect circle. The Chinese make little plastic things from the oil and we drive to the Boxmart to buy them with money we borrowed.
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Pickens - "U.S. entitled to some Iraqi oil."

Unread postby Dr. Ofellati » Thu 22 Oct 2009, 15:46:35

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.


Must be fun to be a tycoon. link
Last edited by Ferretlover on Thu 22 Oct 2009, 15:49:17, edited 1 time in total.
Reason: Merged with same topic submitted earlier.
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby jbrovont » Thu 22 Oct 2009, 16:11:57

This is disgusting. The middle class foots the bill to fund the war machine, their sons and daughters provide grease getting shot up half a world away for, let's face it, miserable pay considering the danger, and that makes Pickens "entitled" to oil profits? If anyone is "entitled" to it, it's people that got loaded into the breach and shot off to glory by BushCo.

Sure welfare and medicaid are evil "entitlements" but we should all pony up for a 10 year war so Pickens can line his pockets. If he wants it that bad, let him go stand around guarding an oil well in Iraq. Maybe then he'd have a more worldly view of "entitlement."
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby Dr. Ofellati » Thu 22 Oct 2009, 16:25:56

jbrovont wrote: If anyone is "entitled" to it, it's people that got loaded into the breach and shot off to glory by BushCo.
and maintained there by the ObamaCo? Right?
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby jbrovont » Thu 22 Oct 2009, 16:48:10

I really grow tired of the democrat/republican "thing." Rather I have come to view the political system from a new paradigm. Basically, you have your pimps, and your whores, and every few years we have a chamber of commerce mixer...

Dr. Ofellati wrote:
jbrovont wrote: If anyone is "entitled" to it, it's people that got loaded into the breach and shot off to glory by BushCo.
and maintained there by the ObamaCo? Right?
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby Tyler_JC » Thu 22 Oct 2009, 17:03:41

Of course we're entitled to the oil contracts. It's funny that this is even a debate.

We defeated them in battle, we conquered their lands, and they have something we want. If this were any other time in history, we would take it and no one would bat an eyelash.

It is only this very recent concept of international liberal democracy that makes humanity think that justice is anything but the advantage of the stronger.

Is it "morally right" according to modern Judeo-Christian values? Of course not. But morals don't have anything to do with it.

If we need it, they have it, and we are strong enough to take it...we will. :|
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby jbrovont » Thu 22 Oct 2009, 17:24:38

Point. I wasn't saying we should just split - merely that Pickens and his ilk just need a 42 gal drum of shut the f*ck up. The natives aside, if any US entity is "entitled" to oil profits, it's the people that sacrificed for it, whether willingly or otherwise. Not some ultra-rich tycoon that risked nothing.

There isn't much morality left in this world. Maybe there never was.

Tyler_JC wrote:Of course we're entitled to the oil contracts. It's funny that this is even a debate.

We defeated them in battle, we conquered their lands, and they have something we want. If this were any other time in history, we would take it and no one would bat an eyelash.

It is only this very recent concept of international liberal democracy that makes humanity think that justice is anything but the advantage of the stronger.

Is it "morally right" according to modern Judeo-Christian values? Of course not. But morals don't have anything to do with it.

If we need it, they have it, and we are strong enough to take it...we will. :|
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby mos6507 » Thu 22 Oct 2009, 17:28:15

Pickens is responsible for the Swift Boat tactics that sank Kerry's campaign. It's understandable that his politics would surface again. So peak oil makes for strange bedfellows.
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby Dr. Ofellati » Thu 22 Oct 2009, 17:53:03

jbrovont wrote:I really grow tired of the democrat/republican "thing." Rather I have come to view the political system from a new paradigm. Basically, you have your pimps, and your whores, and every few years we have a chamber of commerce mixer...

Dr. Ofellati wrote:
jbrovont wrote: If anyone is "entitled" to it, it's people that got loaded into the breach and shot off to glory by BushCo.
and maintained there by the ObamaCo? Right?


Excellent way to put it, JB. I am of like mind. I was simply attempting to confirm that the previous post wasn't a misconception of the mixer.
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby seldom_seen » Thu 22 Oct 2009, 19:27:49

Tyler_JC wrote:Of course we're entitled to the oil contracts. It's funny that this is even a debate.

We defeated them in battle, we conquered their lands, and they have something we want. If this were any other time in history, we would take it and no one would bat an eyelash.

It is only this very recent concept of international liberal democracy that makes humanity think that justice is anything but the advantage of the stronger.

Is it "morally right" according to modern Judeo-Christian values? Of course not. But morals don't have anything to do with it.

If we need it, they have it, and we are strong enough to take it...we will. :|

So True...

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

Unread postby jbrovont » Thu 22 Oct 2009, 22:44:36

Yeah - I know I can come off as an arrogant ass at times - it's not that I think I'm better or smarter or anything - it's just my twisted sense of poignant humor. I know it can be abbrasive but it's nothing personal. I'm just so deeply angered by some topics that I tend to shoot from the hip.

Dr. Ofellati wrote:
jbrovont wrote:I really grow tired of the democrat/republican "thing." Rather I have come to view the political system from a new paradigm. Basically, you have your pimps, and your whores, and every few years we have a chamber of commerce mixer...

Dr. Ofellati wrote:
jbrovont wrote: If anyone is "entitled" to it, it's people that got loaded into the breach and shot off to glory by BushCo.
and maintained there by the ObamaCo? Right?


Excellent way to put it, JB. I am of like mind. I was simply attempting to confirm that the previous post wasn't a misconception of the mixer.
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby Homesteader » Fri 23 Oct 2009, 02:29:05

Tyler_JC wrote:Of course we're entitled to the oil contracts. It's funny that this is even a debate.

We defeated them in battle, we conquered their lands, and they have something we want. If this were any other time in history, we would take it and no one would bat an eyelash.

It is only this very recent concept of international liberal democracy that makes humanity think that justice is anything but the advantage of the stronger.

Is it "morally right" according to modern Judeo-Christian values? Of course not. But morals don't have anything to do with it.

If we need it, they have it, and we are strong enough to take it...we will. :|


This brings up an interesting ethic/morality discussion. As a point of debate I would put forth that those of us in the west have been brain washed to believe that our culture is the one right way to live. From that we believe that there is something wrong with people who don't want to live like us. We also think that with some education the grindingly poor of the world would be able to pull themselves up to an approximation of our standard of living, and all will be right with the world. That by some magic there are enough resources to provide these hundreds of millions (billions?) with a live of conumption and ease. We feel guilty that we have it better than them. We think that taking what is needed by force is wrong. Yet this is essentially a natural law. We think we are above natural law, and when those with the power follow the law, even if it benefits us, we are opposed to it.

Our culture is really a contradiction of terms.
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby careinke » Fri 23 Oct 2009, 02:52:10

This brings up an interesting ethic/morality discussion. As a point of debate I would put forth that those of us in the west have been brain washed to believe that our culture is the one right way to live. From that we believe that there is something wrong with people who don't want to live like us.


Thats amazing. I know for a fact that the vast majority of Saudi's I have met, feel exactly the same way about Western culture.
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Re: Pickens says U.S. firms 'entitled' to Iraqi oil

Unread postby Homesteader » Fri 23 Oct 2009, 03:16:48

careinke wrote:
This brings up an interesting ethic/morality discussion. As a point of debate I would put forth that those of us in the west have been brain washed to believe that our culture is the one right way to live. From that we believe that there is something wrong with people who don't want to live like us.


Thats amazing. I know for a fact that the vast majority of Saudi's I have met, feel exactly the same way about Western culture.


Not so amazing really. I live in Kuwait btw. I would also posit that the two are more alike than different. The media simply hypes the slight differences to maintain an environment of fear. Makes the masses easier to manipulate.

Similarities:

1. Salvationist religions (one is the outgrowth of the other, same prophets etc. . .)
2. Same economic model/paper currency etc. ..
3. In order to buy food you either go to work or starve (unless you are a member of the elite)
4. Same education system
5. Same transportation system
6. Same consumer driven society

The differences don't amount to much more than the differences between New England WASPS and deep south rednecks. Maybe not even as much.
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