Keeping the Oil Price Up

[Tim May]

The last, for now, of the articles.

--Tim


>X-From_: tcmay at got.net Sat Feb 21 13:11:09 1998
>X-Delivered: at request of tcmay on always
>Date: Sat, 21 Feb 1998 13:14:07 -0800
>From: tcmay at got.net (Tim May)
>To: tcmay at got.net
>Subject: Re: Anthrax--The Four Horsemen are Riding
>Newsgroups: scruz.general
>Organization: None
>
>In article <cbishop-2102981021400001 at cbishop.sc.scruznet.com>,
>cbishop at scruznet.com wrote:
>
>> In article <6cm4nv$edi$1 at shell3.ba.best.com>, obob at shell3.ba.best.com (Bob
>> O`Brien) wrote:
>>
>> > In article <34ee3039.1340384 at cnews.newsguy.com>,
>> > mmelpremo at cruzio.com <mmelpremo at cruzio.com> wrote:
>> > >
>> > >It seems Clinton has backed himself into a corner on the situation,
>> > >and now has the choice of bombing Iraq or backing down from threats of
>> > >bombing Iraq.  Both are losing propositions.
>> > >
>> > >I'm also interested in hearing everyone else's opinions, as well,
>> > >since I'm still trying to form one.
>> > >
>> >
>> > At the end of the last "war", Saddam _personally_agreed_ to
>> > the UN's plan that would have accomplished all the inspections
>> > IN FIFTEEN DAYS.
>> >
>> > [Bob's for military action agains Iraq]
>>
>> If the UN had accomplished the inspections in fifteen days, would they
>> have been done and not done any more inspections?
>
>
>The realpolik of it all is that the last thing the "Oil Patch" wants is
>Iraq pumping a couple million barrels of oil and selling it on the world
>market.
>
>When oil prices plummeted in the mid-80s, Texas was hit hardly. Texas oil
>men were wiped out, refineries were closed, and the seeds of the S&L
>collapse were nurtured. (The seeds of the S&L collapse were of course
>planted when the government agreed to bail out banks and S&Ls, regardless
>of the risks they took.)
>
>Many of George Bush's friends, and even his own investments (Zapata, for
>example), were affected.
>
>Iraq was expected to pump more of the oil from the disputed oilfields than
>the Kuwaitis were willing to pump.
>
>As the war evolved, oil prices went up, and the Texans were partly saved.
>
>Having any final settlement of the Iraqi situation, and thus having them
>further depress the world oil price, would be unacceptable to the Oil
>Boys.
>
>Oil prices have been falling again, even with Iraq out of the oil market.
>Prices for light sweet crude are down to around $16 a barrel, maybe less.
>Texas is feeling the pinch again.
>
>A coincidence that the saber rattling suddenly is picking up?
>
>Wouldn't it be great for the Oil Boys if a war with Iraq spread, and maybe
>took out the Kuwaiti and even Saudi oil fields? Oil at $30 a barrel would
>shure be a purty sight to them good ole boys.
>
>Call me a cynic, but nothing is as simple as the sheeple are being led to
>believe.
>
>--Tim May
>
>--
>Just Say No to "Big Brother Inside"
>---------:---------:---------:---------:---------:---------:---------:----
>Timothy C. May              | Crypto Anarchy: encryption, digital money,
>ComSec 3DES:   408-728-0152 | anonymous networks, digital pseudonyms, zero
>W.A.S.T.E.: Corralitos, CA  | knowledge, reputations, information markets,
>Higher Power: 2^3,021,377   | black markets, collapse of governments.
>