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2013-07-17 Terror Networks
The quicksand of self-deception
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Posted by tipper 2013-07-17 07:32|| || Front Page|| [4 views ]  Top

#1 The gentleman certainly has managed to assemble the facts. But he seems to have missed all the new oil and natural gas discoveries that will soon render Saudi Arabia, et al superfluous -- just the day before yesterday there was an announcement of a field in Australia that, if I understand correctly, may be the biggest in the world -- and change the importance of current internecine Muslim struggles to that of massacres in the Congo... barring those pesky Pakistani and future Iranian nukes, of course.
Posted by trailing wife 2013-07-17 10:43||   2013-07-17 10:43|| Front Page Top

#2 I think the extent of new petro discoveries outside of the Islamic world is vastly over-stated. The new discoveries help, but only a bit. The price of petro is strangling the world economy, whose growth over the last century has been predicated on CHEAP petro, regardless of the source. The CHEAP stuff is gone.
-- There has been & still is a great deal of self-deception on the role petro prices play in economic growth.
Posted by Anguper Hupomosing9418 2013-07-17 10:49||   2013-07-17 10:49|| Front Page Top

#3 anguper.
Point is not cheap, although that would be nice. Point is money going elsewhere.
Posted by Richard Aubrey  2013-07-17 13:57||   2013-07-17 13:57|| Front Page Top

#4 missed all the new oil and natural gas discoveries

And so do the Western "elites"
Posted by g(r)omgoru 2013-07-17 14:08||   2013-07-17 14:08|| Front Page Top

#5 OPEC's useful idiots are doing there best to keep the new oil and natural gas discoveries unexploited.
Posted by rjschwarz 2013-07-17 14:36||   2013-07-17 14:36|| Front Page Top

#6 OPEC's useful idiots are doing there best to keep the new oil and natural gas discoveries unexploited.

Good luck with what.
Posted by g(r)omgoru 2013-07-17 15:32||   2013-07-17 15:32|| Front Page Top

#7 another incredibly poorly written asia times opinion piece with some serious facts, some serious analysis but also some misunderstandings and some sentences with no clear meaning at all
Posted by lord garth 2013-07-17 16:08||   2013-07-17 16:08|| Front Page Top

#8 
I think the extent of new petro discoveries outside of the Islamic world is vastly over-stated.


Sure. Uh-huh. Right.
Posted by Rob Crawford 2013-07-17 19:47||   2013-07-17 19:47|| Front Page Top

#9 Extraction cost is a big part of it
Posted by ptah 2013-07-17 20:39|| http://crusaderwarcollege.org  2013-07-17 20:39|| Front Page Top

#10  all the new oil and natural gas discoveries that will soon render Saudi Arabia, et al superfluous

Umm, no - not as long as Obama and the enviros continue to block extraction (permits) and transportation (pipelines).
Posted by OldSpook 2013-07-17 22:14||   2013-07-17 22:14|| Front Page Top

#11 Umm, no - not as long as Obama and the enviros continue to block extraction (permits) and transportation (pipelines).

He and they can only temporarily stop things on public lands in the U.S., Old Spook. They can do nothing about finds abroad, and as I understand it, production and shipments from private property within the U.S. has been growing rapidly over the past two years or so.
Posted by trailing wife 2013-07-17 22:45||   2013-07-17 22:45|| Front Page Top

23:59 USN, Ret.
23:14 JosephMendiola
23:07 JosephMendiola
22:58 JosephMendiola
22:45 trailing wife
22:14 OldSpook
22:12 OldSpook
22:09 OldSpook
21:50 Ptah
21:40 regular joe
21:38 trailing wife
21:21 ptah
21:16 Frank G
21:02 SteveS
20:53 Pappy
20:45 Cheager Angoluque6848
20:42 gorb
20:42 Cheager Angoluque6848
20:39 ptah
20:38 Cheager Angoluque6848
20:17 Alaska Paul
19:47 Rob Crawford
19:38 JosephMendiola
19:29 JosephMendiola









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