Marcus Aurelius

OPEC Cuts, Oil Falls: Something's Not Sustainable

BTW, I clarify the article was good up to the last paragraph. What did happen in Iraq? May we use our brawn in '10?

OPEC Cuts, Oil Falls: Something's Not Sustainable

Good article.

Hey everyone, he is not saying going to war with India, China, or Russia to plunder their oil, he is saying unless we come up with an alternative to oil we will be waring against them (and they against us) for what oil is left, no matter who is on top of it.

Booba, I must say you done good today, your boss at the KGB or whatever it is called today spent a few good rubles.

There is a third option and that is we curtail (at our option or otherwise) oil dependent activities and never ever forget, oil is about more than energy and serves as the raw material for medicines, plastics, fertilizers, etc etc etc.

I think those who say we didn't go to war in Iraq or wherever on account of oil are just as barmy as those who say it was the sole reason (or any one of a number of other kooky ideas - e.g. to avenge the foiled assassination plot against HW). Oil elevates what would otherwise be a wasteland to vital importance, as I say above, so much of our modern lives depend on it. The difference is there are a whole set of reasons oil being one of them.