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| Iraq-Jordan |
| Pipeline Blast Slashes Iraq's Oil Exports |
| 2004-05-11 |
| KARBALA, Iraq (AP) - Insurgents blasted an oil pipeline, setting off a huge blaze and slashing Iraq's daily oil exports by about 25 percent. Firefighters were still battling a blaze that erupted Saturday after insurgents bombed a pipeline carrying oil for export to a terminal south of the southern city of Basra. Jabber Luyaibi, director general of Iraq's Southern Oil Company, said engineers managed to divert oil to a second pipeline. But an official for the State Oil Marketing Pipeline told Dow Jones Newswires that the alternative pipeline was too small to handle the additional flow and that, as a result, Iraq's petroleum exports fell by 25 percent to 1.2 million barrels a day. In London, Paul Horsnell, head of energy research at Barclays Capital, said the damage could be repaired quickly and that the disruption of exports would be temporary. But he said the attack was disturbing because "quite clearly, now the southern infrastructure is a target." |
| Posted by:Steve White |
| #5 this is why we need fuel cells. Let's face it, we HAVE the technology to decrease our fuel needs with hybrid engines, solar panels, Anwar and more. Would it be expensive? Ask yourself if it would be more expensive than this war that we will fight our entire life time or paying $5/gallon for who knows how long. The jihadi's will still be able to raise funds - but not enough to do the damage they do now. It's time we cut our losses and moved on. Without their oil money - they are NOTHING. It's time we made that clear. |
| Posted by: B 2004-05-11 8:06:01 AM |
| #4 And that is why the Cartel called OPEC has to be destroyed! |
| Posted by: Anonymous4617 2004-05-11 7:54:53 AM |
| #3 Regarding Jihad Terrorist Inc & the Use of Oil as a Weapon ; By Mark Espinola, May 11th, 2004 Do not underestimate the extreme market shrewdness of the financial leadership of these jihadee thugs, plus their methodical usage of insignificant disruptions in crude oil for the sole purpose of instilling fear among global energy traders, thus the price of oil on the world-wide market soars, and they, the terrorists & their monetary backers make even more profits, to spread more terror, which produces more profits, for increased terrorism. In the case of Iraq; look no further than directly next door, to Iran, as the main exporter of suicide bombers creating the unstable situation among the Shi'ites of Iraq. Each time Iranian agents commit an well pre-planed act civilian terror, or petrol-sabotage on Iraqi oil pipelines, or other crude installations Iraq is dependant on for outside income, who benefits? Iran, OPEC member Iran, terrorist promoting Iran. There are a number of news reports which have clearly outlined the intricate financial market skills of al-Qa'ida's top economic 'advisor's in playing the Australian stock market & others, with profits raked in from illegal narcotics traffic that they control. Instead of earning vast sums of funds in the stock & commodity markets, which could benefit fellow Muslims in poor countries, Islamic Terrorist Inc withdraws profits earned and transfers millions of dollars to jihad bagmen to 'assist' the relatives of youthful, brainwashed psychos, after they blow up themselves along with dozens other fellow Muslims which have the misfortune of being in the wrong place when Terrorist Inc decides it's time it was blown off the map. It's really incredible! Those which despise the West so much, become part of the very system they hate in order to attempt to destroy it. Like Atta taking flying lesions to only know enough to smash a plane load of innocent passengers into a very tall building with thousands of more innocent people, who showed up to work ...on the wrong sunny morning! The next time you're driving close to empty and need to buy gas, remember those high unleaded pump prices are being triggered (in part) by nations such as OPEC's Iran, in order to accumulate more profits through their own exported oil, to finance proxies to murder more 'infidels'! It's high time we zero in on the enemy behind the visible enemy in Iraq, Afghanistan, plus other locations around the globe where the Islamic death cult is gaining footholds. It's also an enormous injustice to all the fine soldiers serving in the Coalition countering bloodthirsty jihadic killers, if we do not fight this war of national & international survival on all fronts, military and economic! |
| Posted by: Mark Espinola 2004-05-11 1:51:42 AM |
| #2 Since Marx, liberals have been trying to blow commercial enterprises. The jihadis are using HE to do it. |
| Posted by: badanov 2004-05-11 12:42:44 AM |
| #1 Why would anyone blow a comercial interprise? |
| Posted by: Lucky 2004-05-11 12:39:14 AM |