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General - International Law? - View Post

halogamer1989 on 19 February 2009
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SamuelRSmith said:
Kasz216 said:
halogamer1989 said:
Here we go again. Jesus, if you want to live in a country that waves the white flag and gives liberties to these jihadi assholes then have at it. We do what is necessary for the protection of all citizens whether we are liked at first is a futile matter. Also, the Geneva authors could not see stateless wars when the drafts we written.

@ Kasz: The Marines secured Basra and the pipelines 1st b/c of the threat from economic terrorism and potential worldwide financial fallout. Infrastructure must be maintained while proceeding with primary objectives if at all possible.

I think you miss my point.

My point is that gas is much much more expensive... when if we invaded Iraq for oil... gas should be like... a buck a gallon or some crap.

 

 

 I thought the point was that American corporations could charge through the nose for the oil, and line the pockets of their investors. Meaning that it wouldn't effect the price of oil at all.

America does not control the world's supply of oil, OPEC does primarily with control by the Saudi sheiks.  Also, the infusion of Texas Sweet Crude, which is better quality than Arabian, drove oil higher as OPEC's oil was less desirable.  Oil is now currenly at around $34 a barrel while last summer it was over $150 p/bar.  OPEC control is key here, not greedy US corporations or conspiracies by Haliburton and the like. 

@ Samuel: If a company does well, they make their shareholders richer which say 80% of Chevron is the average Joe.  That is not bad.  If you create windfall taxes than the corporations increase prices to keep the ability to run efficiently and not restructure--this leads to less money to the average shareholder and a negative impact on the ppl @ the pump who who ironically see the price of gas rise yet again.  This is all Economics 100 not even 101.  I suggest people would take it to heart.  You may already know these principles but many do not and blame the wrong people.

 

OT: If Jerry Jihad took a loaded truck w/ explosives to the Iraqi oil fields you can bet your ass oil would not only rise but it would be like $250 a barrel and people would blame the US nevertheless.