This can't be good.........

[robin48]

Here is the part I don't like. "He recommends the multilateral pursuit of both energy and monetary reforms within a United Nations framework to create a more balanced global energy and monetary system thereby reducing the possibility of future oil-depletion and oil currency-related warfare."
I have no trust in my government. I have even less for the UN

[Dhunter55]

Originally Posted by XDConvert9mm

And how exactly have we as a country benefitted, net net, from this war in terms of Oil exactly? Reduced prices? Increased availability? Please...

You might want to work a little harder on other forums at your organizing position. Good luck with the G.E. for your candidate!

If you were a major consumer and heavily dependent on foreign oil, wouldn't you rather have a major oil producing nation as a friend instead of an enemy, or even worse, a friend of your enemies? Wouldn't you also want other oil producing nations as your friend with stable governments and stability in the region?

[AZXD]

Thats the recommendation. But the underlying aspect is securing that future financial transactions will continue to occur against the U.S. Dollar.

Think about it!!
The Federal Reserve manipulates the Fiat Currency we utilize.
What happens to the power of the U.S. Dollar if future transactions occur against another form of currency ??

Originally Posted by robin48

Here is the part I don't like. "He recommends the multilateral pursuit of both energy and monetary reforms within a United Nations framework to create a more balanced global energy and monetary system thereby reducing the possibility of future oil-depletion and oil currency-related warfare."
I have no trust in my government. I have even less for the UN

[XDConvert9mm]

Originally Posted by robin48

Here is the part I don't like. "He recommends the multilateral pursuit of both energy and monetary reforms within a United Nations framework to create a more balanced global energy and monetary system thereby reducing the possibility of future oil-depletion and oil currency-related warfare."
I have no trust in my government. I have even less for the UN

I could not agree with you more on this. The U.N. is a farcical organization that has corrupted itself beyond any semblance of what it was intended to be IMO.

Originally Posted by Dhunter55

If you were a major consumer and heavily dependent on foreign oil, wouldn't you rather have a major oil producing nation as a friend instead of an enemy, or even worse, a friend of your enemies? Wouldn't you also want other oil producing nations as your friend with stable governments and stability in the region?

Absolutely to both questions. I don't see where we're making any friends anywhere with our foreign policies at this time though. That was my point.

[XDConvert9mm]

Originally Posted by AZXD

Buy the book!

Originally Posted by Frenchy

Petrodollar Warfare

Oil, Iraq and the Future of the Dollar

A sober call for an end to aggressive U.S. unilateralism, Petrodollar Warfare is a unique contribution to the debate about the future global political economy.

I will invest the time in reading this. Thank you both.

[Etta Place]

Originally Posted by XDConvert9mm

And how exactly have we as a country benefitted, net net, from this war in terms of Oil exactly? Reduced prices? Increased availability? Please...

You might want to work a little harder on other forums at your organizing position. Good luck with the G.E. for your candidate!

It wasn't to benefit regular Americans. It was to benefit U.S. and British oil companies.

By the way, Hunt was a Bush campaign donor.

Here is more info about how the Bush administration is helping Hunt Oil.

On the Hunt: Bush backer seeks $1 billion for Peru project
By Ken Silverstein

Beginning tomorrow and over the next few weeks, the World Bank and other lenders will be voting, apparently in favor, on a package worth more than $1 billion to support a controversial pipeline project in Peru. The primary company that would benefit from that money is Hunt Oil, which is headed by Ray Hunt, a Texas oilman who raised huge sums for the Bush/Cheney campaigns and who reportedly has given $35 million for the upcoming Bush Presidential Library. Hunt Oil has recently generated controversy of its own, by signing what the New York Times called a “legally questionable” exploration deal with Iraqi Kurds.

The Hunt-led project would “build a pipeline, a gas liquefaction plant, marine terminal and other facilities to export 4.4 million tons of liquid natural gas annually,” according to a 2006 story in the Washington Post. The pipeline would ship liquid natural gas that originates in the Camisea Field of Peru’s Amazonian rain forest and send it to Mexico and from there, possibly, to U.S. markets.

On the Hunt: Bush backer seeks $1 billion for Peru project—By Ken Silverstein (Harper's Magazine)

[XDConvert9mm]

Originally Posted by Etta Place

It wasn't to benefit regular Americans. It was to benefit U.S. and British oil companies.

By the way, Hunt was a Bush campaign donor.

Here is more info about how the Bush administration is helping Hunt Oil.



On the Hunt: Bush backer seeks $1 billion for Peru project—By Ken Silverstein (Harper's Magazine)

Harper's is a source I regard as gospel. Thank you for putting up the facts Etta.

[AZXD]

I'm thinking your feelings about Bush getting us into a war are skewing your judgment on this.

Buy the book!
If the theory is correct .... It sure as heck was to "benefit regular Americans", and in fact, all of America, at all levels.

Honestly, if this whole situation is about currency stability in the International market ... I can live with the idea much easier than the story of WMD's, overthrowing Saddam, instilling Democracy, or whatever the mission of the week is supposed to be.

Oil is not the issue!
The issue, I now believe, is the safeguarding of the U.S. dollar in the International market.

You can cite the Hunt articles all day long. I did the same thing about a year ago. But since I ran across this information ... Hunt just might be a tool and receiver of blame.

Peru
Why was Venezuela a dot on a map until they decided to state publically that they would sell oil in whatever currency a client could provide ??
Chavez became a public enemy the day he announced this intention.
Saddam threatened to sell oil for gold ... Look what happened.

Think about it!

ETA:
Here's the article I posted about Hunt and Iraq - Texas Co. Signs Iraq Oil Deal With Kurds , With No National Iraq Oil Law Passed, Kurdistan Region Makes Its Own Rules - CBS News

Originally Posted by Etta Place

It wasn't to benefit regular Americans. It was to benefit U.S. and British oil companies.

By the way, Hunt was a Bush campaign donor.

Here is more info about how the Bush administration is helping Hunt Oil.



On the Hunt: Bush backer seeks $1 billion for Peru project—By Ken Silverstein (Harper's Magazine)

[Etta Place]

Originally Posted by XDConvert9mm

Harper's is a source I regard as gospel. Thank you for putting up the facts Etta.

Harper's is a fairly liberal magazine. I don't think they can manufacture facts though.

[Etta Place]

Originally Posted by AZXD

I'm thinking your feelings about Bush getting us into a war are skewing your judgment on this.

Buy the book!
If the theory is correct .... It sure as heck was to "benefit regular Americans", and in fact, all of America, at all levels.

Honestly, if this whole situation is about currency stability in the International market ... I can live with the idea much easier than the story of WMD's, overthrowing Saddam, instilling Democracy, or whatever the mission of the week is supposed to be.

Oil is not the issue!
The issue, I now believe, is the safeguarding of the U.S. dollar in the International market.

You can cite the Hunt articles all day long. I did the same thing about a year ago. But since I ran across this information ... Hunt just might be a tool and receiver of blame.

Peru
Why was Venezuela a dot on a map until they decided to state publically that they would sell oil in whatever currency a client could provide ??
Chavez became a public enemy the day he announced this intention.
Saddam threatened to sell oil for gold ... Look what happened.

Think about it!

ETA:
Here's the article I posted about Hunt and Iraq - Texas Co. Signs Iraq Oil Deal With Kurds , With No National Iraq Oil Law Passed, Kurdistan Region Makes Its Own Rules - CBS News

I have read information about the currency issue for some time. I think there is something to it, but I also believe the Bush administration is totally enmeshed with the oil business. This includes Dick Cheney. Do you know that worries about keeping the oil flowing is the only thing that gives Dick Cheney nightmares? Maybe that's what causes his heart problems!