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Chinese People Are Stealing The Usa'S Oil
Good [+1]Toggle ReplyLink» Gamos replied on Mon May 17, 2010 @ 11:35pm
gamos
Coolness: 93600
[ www.forbes.com ]


Pickens: Where's Our Iraqi Oil?

Oh what the U.S. could have done if it had put a call on Iraq's Rumaila oil field.

Rumaila is the fourth largest oil field with 17 billion barrels of oil. (See "The World's Biggest Oil Reserves.") As BP Capital Management Chairman T. Boone Pickens points out, that's the size of the largest oil field the U.S. has ever had--Alaska's Prudhoe Bay.

And with an estimated 5,000 barrels of oil a day flowing from the Deepwater Horizon spill that still hasn't been contained, the U.S. could use that Iraqi oil. (See "T. Boone's Not Playing The Blame Game.")

The U.S. consumed 19.5 million barrels of petroleum a day in 2008, according to the U.S. Energy Information Administration. By comparison, China, whose China National Petroleum Corp., got the first oil contract in the post-Saddam Hussein era to redevelop Rumaila along with British Petroleum, consumed 7.9 million barrels of petroleum a day that year.

Pickens made pleas to both then President George Bush and President Barack Obama to make calls on the Iraqi oil field, but neither made a move.

When Pickens met with Bush, the response Pickens was given was, "If we made a call on the oil, it would look like that's why we went to Iraq." Pickens adds, "And the president [Bush] told me, he said the reason we went to Iraq was to free the people of Saddam Hussein and to develop a democracy in the Middle East. And I said, 'Well, I think those are all noble reasons, but now, you've been there for eight years; we get a call on the oil. We'd pay market price. I would think that the Iraqi government would more than willing to give us a call at market price."

Given the amount of money that the U.S. has spent on the war in Iraq, and even more importantly the number of U.S. soldiers injured and killed in Iraq--4,401 soldiers have been killed in Iraq as of May 11, according to the Department of Defense--Pickens says that we shouldn't have let Iraq's oil slip through our fingers.

"It's just been heartbreaking to me to let the oil go to the Chinese after what we paid," Pickens says. "I don't get it; I don't understand it. There's something totally unfair about it."



c'est vrai. I've fucking had it with these chinese people. First they steal our factory jobs. Then they force up the price of metals and oil. And then they depreciate their currency to make our 15$/hour t-shirt maker uncompetitive.

And now, theyre stealing our oil. I for one have had enough of this bullshit. When is Harper and Obama gonna stand up to these animals? If these chinese people want oil, they should kill their own damn Muhammadans and towel-heads like the rest of us. As far as Im concerned, after turning 4.8 million iraqis into refugees and killing another 650 000, it's oil well earned.

As for the iraqis, of course they would be willing to give us a call on their oil at market price. The Chinese and BP simply outbid us by bidding more than the market price. And that is undemocratic. Fucking socialists.
I'm feeling a overhang right now..
Good [+1]Toggle ReplyLink» system_glitch replied on Mon May 17, 2010 @ 11:47pm
system_glitch
Coolness: 162605
I agree with everything you just said.
I'm feeling mischievous right now..
Good [+1]Toggle ReplyLink» MolocH replied on Tue May 18, 2010 @ 7:48am
moloch
Coolness: 226380
Originally Posted By GAMOS

c'est vrai. I've fucking had it with these chinese people. First they steal our factory jobs. Then they force up the price of metals and oil. And then they depreciate their currency to make our 15$/hour t-shirt maker uncompetitive.

And now, theyre stealing our oil. I for one have had enough of this bullshit. When is Harper and Obama gonna stand up to these animals? If these chinese people want oil, they should kill their own damn Muhammadans and towel-heads like the rest of us. As far as Im concerned, after turning 4.8 million iraqis into refugees and killing another 650 000, it's oil well earned.

As for the iraqis, of course they would be willing to give us a call on their oil at market price. The Chinese and BP simply outbid us by bidding more than the market price. And that is undemocratic. Fucking socialists.


I fucking bleed inside.
Such valid points shrouded in a veil of xenophobic delusions.
Fuck you for expressing a valid point in such a biggot way.
get bent.
I'm feeling stabbie stabbie right now..
Good [+1]Toggle ReplyLink» databoy replied on Tue May 18, 2010 @ 6:00pm
databoy
Coolness: 106220
Lets not forget that everyday we vote for china with our pocket book. Every time you buy a Chinese product, its more money headed their way.

//

"All along, the Chinese, whose economy and political system have more in common with fascism than communism anymore, have been lending us money in the shape of a noose — more than $1 trillion if you include what we owe Hong Kong, which the Chinese devoured in 1997. Incapable of living within our means or raising taxes to pay our own debts, we’ve been hanging ourselves with Chinese rope. And not just Chinese. We owe the Japanese $768 billion, and we owe oil producing Arab nations and Venezuela $218 billion." -Pierre Tristam

[ www.rave.ca ]
I'm feeling regenerate right now..
Good [+1]Toggle ReplyLink» basdini replied on Tue May 18, 2010 @ 6:23pm
basdini
Coolness: 145305
man i love china...
I'm feeling surly right now..
Good [+1]Toggle ReplyLink» DynV replied on Sat May 22, 2010 @ 3:55pm
dynv
Coolness: 108910
China partly own USA so they can't just bully them around like most other countries. USA should put a war-tax on all oil export on the region so anyone wanting some oil just pay USA war ; of course they should fund Iraq reconstruction but that's just daydreaming, just like a true bilingual province.
I'm feeling <3 sexi_babe_69 right now..
Chinese People Are Stealing The Usa'S Oil
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