Article

2006-04-22 Syria-Lebanon-Iran

Iran says rich states must pay "real" oil price

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Posted by Fred 2006-04-22 00:00|| || Front Page|| [5 views since 2007-05-07] Top

#1 The real cost of Middle East oil is about $1.50 a barrel, which is the production cost.

Posted by phil_b">phil_b 2006-04-22 00:25|| http://autonomousoperation.blogspot.com/]">[http://autonomousoperation.blogspot.com/] 2006-04-22 00:25|| Front Page Top

#2 I look forward to the day when we will get pissed off enough to convert totally to domestic energy and then destroy the middle east fields.

Posted by ed 2006-04-22 00:28|| 2006-04-22 00:28|| Front Page Top

#3 Good luck with that.

Posted by TRANZI crowd 2006-04-22 02:32|| 2006-04-22 02:32|| Front Page Top

#4 Six or nine months ago, I wrote a series of comments saying the only way out of unrelenting demand for oil overtaking supply and the price going through the roof, is the worst recession since the Great Depression. I haven't really changed my mind. The open question is will the economic shock cause us to develop alternatives to Middle East oil. And by alternatives, I don't mean wind, solar, ethanol and the rest of the Greenie inspired faux solutions that make no real difference and in some cases make the problem worse.

Posted by phil_b">phil_b 2006-04-22 02:41|| http://autonomousoperation.blogspot.com/]">[http://autonomousoperation.blogspot.com/] 2006-04-22 02:41|| Front Page Top

#5 every time oil goes up, the cost of alternative fuels goes down. If their oil supply dried up today, we'd have realistic alternative fuels up and running within five years. I'm all for it.

Go ahead and kill that goose that lays the golden egg and then serve it for dinner. It might make us sick but it will kill them.

Posted by 2b 2006-04-22 14:04|| 2006-04-22 14:04|| Front Page Top

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