Re: Bush-Cheney Energy Strategy: Procuring the Rest of the World's Oil
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Re: Bush-Cheney Energy Strategy: Procuring the Rest of the World's Oil         

Group: alt.war.iraq · Group Profile
Author: GW Chimpzilla's Eye-Rack Neocon Utopia
Date: Aug 26, 2007 08:23

Raymond wrote:
> Bush-Cheney Energy Strategy: Procuring the Rest of the World's Oil
> by Michael Klare
>
> When first assuming office in early 2001, President George W. Bush's
> top foreign policy priority was not to prevent terrorism or to curb
> the spread of weapons of mass destruction-or any of the other goals he
> espoused later that year following the September 11, 2001 attacks on
> the World Trade Center and the Pentagon. Rather, it was to increase
> the flow of petroleum from suppliers abroad to U.S. markets. In the
> months before he became president, the United States had experienced
> severe oil and natural gas shortages in many parts of the country,
> along with periodic electrical power blackouts in California. In
> addition, oil imports rose to more than 50%% of total consumption for
> the first time in history, provoking great anxiety about the security
> of the country's long-term energy supply. Bush asserted that
> addressing the nation's "energy crisis" was his most important task as
> president.

According to new production figures from the Middle East Economic Survey, July
Iraqi crude oil production jumped to 2.1 million barrels per day from June's
production of only 1.95 million barrels per day.

Since our little occupation of Iraq costs us an estimated $10 billion per
month . . . $10billion / ( 2,100,000 * 31 ) = $153.61 per barrel of crude oil
in occupation dollars.

In June the cost was $10billion / ( 1,950,000 * 30 ) = $170.94 per barrel of
crude oil in occupation dollars!

Thanks to Generalissimo George W. Bush, we're now saving $17.33 per barrel of
crude oil in occupation dollars! The surge is working . . .
>
> He and his advisers considered the oil supply essential to the health
> and profitability of leading U.S. industries. They reasoned that any
> energy shortages could have severe and pervasive economic
> repercussions on businesses in automobiles, airlines, construction,
> petrochemicals, trucking, and agriculture. They deemed petroleum
> especially critical to the economy because it is the source of two-
> fifths' of the total U.S. energy supply-more than any other source,-
> and because it provides most of the nation's transportation fuel. They
> also were cognizant of petroleum's crucial national security role as
> the power for the vast array of tanks, planes, helicopters, and ships
> that constitute the backbone of the U.S. war machine.
>
> "America faces a major energy supply crisis over the next two
> decades," Secretary of Energy Spencer Abraham told a National Energy
> Summit on March 19, 2001. "The failure to meet this challenge will
> threaten our nation's economic prosperity, compromise our national
> security, and literally alter the way we lead our lives
> cont'd
> http://www.commondreams.org/views04/0113-01.htm

--
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