Discussion in 'Current Affairs, News and Analysis' started by Letterwritingman, Jun 23, 2004.
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Could we not buy oil elsewhere?
Some petroleum experts answer this question in the negative.
"The Bill Collector Calls"
Not enough. Not yet, anyway. Although the Spams have been pushing exploration off the coast of South America and Africa. But that's a long way down the line. For the foreseeable future, ME oil is crucial.
and you are thoroughly convinced it's just about the oil, right?
It will be if we can't get any because some motherless rag fcuk has blown up a major terminal in Saudi. If Ras Tanura was hit hard, it would cut production by 8m barrels a day. The price would rocket and cars would become very thirsty very quickly.
When the Arabs imposed a partial oil embargo in 1972 in the wake of the Yom Kippur war - one they started and predictably lost - Europe was forced into power cuts, three-day weeks and rationing. Not funny.
Good point. I may have jumped the gun, thinking this was another "The spams are there for the oil" bit. But I see what you mean with the saudi's, if they cut out, yes, it will be a huge problem.
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