By WellsBells
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It was reported this week that 1.8 million barrels daily were being loaded on ships leaving Iraq. There are pipelines going to various locations like Jordan, Kuwait, etc. The Turks truck huge quantities out of Iraq into Turkey. We are talking some 4 million barrels a day going out of Iraq. Where is it winding up? Bush is putting these monies somewhere and how is the oil being moved into the World Economy. Very likely it is being shown as Jordanian Oil, Qatar Oil, Kuwaiti Oil. My thinking is that he is using these monies to support the war that the war is much more costly than the monies we are supposedly expending. He is bribing the Saudis and other related parties. Monies are going to support the war in Afghanistan. The Saudis last fall had a major oil field coming online dumping another million barresls a day into the world market and the question was how were they going to take advanatage of it without affecting the cost of oil on the world market. How could this oil be utilized in the World Market? Now we know. By them limiting their production Bush has played a game whereby they can make the same or more money by having artificially high prices by seeming to have less oil on the market. The world oil/ethanol market is 85 million barrels a day. Has been and will be. China produces l million barrels of ethanol a day alone, the US 600,000. China and India supposedly are increasing their usages so it is expected that this figure will move up a little. That is supposedly because the Chinese usage is unreliable and nobody really knows what their usage is. So the Chinese numbers are really a guessing game. What is El Busho doing with this Oil? Somebody needs to follow the oil. This whole shortage is contrived by the Bush Administration, and who does nothing to protect the oil production areas of this world. The energy crisis he has created is getting beyond him and is totally out of hand. The American people have to rise up and act now to make something happen. All this should have started four years ago It is time to stop playing games with the world markets. Because of the Iraq Oil and the quantities that will eventually come out of Iraq, this has the Saudis ****ting in their robes. There is every reason for the Saudis to help AlQaeda to affect Iraq becoming the World Oil Power. Fancy that. Let's act now. World safety is the issue. It is time for El Busho to stop playing us for fools.