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Ah yes, all that business about oil ...
Message
From
09/01/2007 15:09:13
 
 
To
09/01/2007 14:54:49
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01183248
Message ID:
01183925
Views:
14
>>>>>>>>The oil companies will spend billions updating the infrastructure and will only be able to extract for a few years before Iraq nationalizes the entire industry. Hence the 75% early return. Watch the market's reaction when this is actually passed.
>>>>>>>
>>>>>>>Jake, do you think the oil companies are doing this out of the goodness of their hearts or do you think they might want to make a small ROI?
>>>>>>
>>>>>>Investment? What investment?
>>>>>
>>>>>Well Jake says they will need to build infrastructure in order to exploit the oil reserves. That is done in order to make a return. The infrastructure is an investment made to create a return, no?
>>>>
>>>>Being that Iraq has been an oil producing nation for many years, I wonder how much infrastructure needs building (or re-building as the case may be). I guess I'll just have to start googling.
>>>
>>>Oil fields need to be maintained all time, and when old fields got depleted new ones need to be discovered and brought to production. Btw, the whole thing started in this thread is about new oil development, and it's hard to believe that new oil can be brought to market without investments.
>>
>>Actually this whole thread was started about how the usual suspects will clean up and profit from this war. And how this same scenario has played out in so many countries so many times in the past. The Iraqi war was about money. Not liberation or democracy.
>
>As long as you've invested in the companies, this is a perfectly acceptable scenario, no?

I am not sure I understand the question.
In the End, we will remember not the words of our enemies, but the silence of our friends - Martin Luther King, Jr.
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