Oil prices and 'trouble'
David Howell (remember him? He was a minister about 20 years ago) has an interesting take on Iran and sundry foreign policy headaches worldwide:
"A falling oil price would also solve a number of problems round the world, not just in Iran, such as in states like Venezuela or Nigeria or Sudan, where sky-high oil revenues have helped fuel anti-Western regimes. A clever American and Western strategy would be to go all-out for reducing oil imports radically, seeing the price slide and then coming forward with conciliatory offers to Iran, such as the proposed nuclear-fuel bank". (source).
Weaning ourselves off oil is a no brainer, and has been for years, but it is questionable whether the Amhadinejads and Chavezs of this world would put anything before their attempted grandstanding.
"A falling oil price would also solve a number of problems round the world, not just in Iran, such as in states like Venezuela or Nigeria or Sudan, where sky-high oil revenues have helped fuel anti-Western regimes. A clever American and Western strategy would be to go all-out for reducing oil imports radically, seeing the price slide and then coming forward with conciliatory offers to Iran, such as the proposed nuclear-fuel bank". (source).
Weaning ourselves off oil is a no brainer, and has been for years, but it is questionable whether the Amhadinejads and Chavezs of this world would put anything before their attempted grandstanding.
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on Thursday, November 02, 2006 at 11:23 am.
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And why is oil sky high?
Because it suits those with oil interests (Bush)it doesnt need to be sky high ,there is a glut of oil and more being discoverd all the time , there is more oil under a few square mles of the rickies than the whole of saudi arabi , admittedly it is in shale form , but it is extractable.
Yes , I have thought this was a good idea for a while and the technology is obviously there to be developed as we saw even in the last OPEC move .
I think PHITCH probably has a point that vested interests have no interest in such a plan but i would say this is just normal systemic inertia.
Green the world ..quite good . Destroy the economies of undeserving rag heads and axis iof evil memebers . Exxcelllent
I would not pretend to be an expert in oil economics, but Middle East crude must be the cheapest to extract, and only when prices go above a certain level is it worth drilling holes in the likes of the North Sea, doing things with the Alberta oil sands etc etc.
David Howell is a top golfer now though.
CU - probably a lot more fun than being the MP for Guildford...
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