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[casi] A few bits of information about Oil



On 1 Feb 2003 at 11:56, john.hemming@jhc.co.uk wrote:

> Although the US is debating whether it would take oil revenues to
> pay for the costs of occupation the key US economic requirement is
> cheap oil.  They don't actually have to import oil from Iraq, but
> they need a lot of oil to be produced globally.

I don't think that that is true. From the US point of view, most
important first:

1)      control of the price of oil
2)      a stable oil price
3)      a higher rather than lower oil price

The US has kept Iraq's production deliberately low throughout the
sanctions.


Mark Parkinson
Bodmin
Cornwall


Mark Parkinson
Bodmin
Cornwall



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