satch63

The Market's View on Oil

Everything that goes up may come down. The idea that oil will come to $60 per barrel misses some factors. Normally and historically as oil prices come off historic highs oil consumption increase. The current prices have slowed consumption but it will come back as the warm season closes and the games in Beijing come to an end.

Oil, Iraq and U.S. Foreign Policy: A Way Forward

You are partly correct. teh reality is that the former Sec of Defense would not listen to anyone and with his suck up advisors decimated the military and got us in this mess.

Now believe or not if the Iraqi Government wants to do some large contracts to help its people once they are signed and the Iraqi Government funds them the U.S. Government blocks the funds until they decide its okay.

The cost to develop long term increased production is the cost of one or two months of the war. Providing not dividends in the sense of cas hh but in electricity, housing , food and energy will stop the conflict cold if we also disarm all militias of heavy weapons and stop Iran training them in new equipment.

The only "pain" of non -military in this war has been increased energy prices and the only winner of this increase has been the oil majors. Lets change it and get something for both the American and Iraqi people.