Originally posted by Saladbar:
Silly, we invade by total oil production.
:rolleyes:
If that were true, then we wouldn't paying such high prices for heating oil, crude oil and gasoline.
I remember when we went into Iraq, so many people on here and around the world started with the "we went in for the oil" remarks. Now here we are, three years later, paying high prices for oil and gasoline. I guess that ridiculous theory has been shot to shit.
Here's a lesson for you :
The largest producing region of the world for oil is The Middle East at 29%. North America was next at 19%, Eastern Europe at 14%, Africa at 12%, Aisia and Oceana at 10% Western Europe at 8% and Central and South America at 8%.
Iraq contributes about 3% of the total 29% produced by the middle east. Which would make them alone about a 1% oil producer in the world. After figuring in their own consumption of the oil produced in Iraq, that would bring the figure down to about 1/2% for the rest of the world.
I highly doubt that we would invade a country to take over 1/2% of the total world's oil supply. :rolleyes:
And tell me, how many of those oil producing countries from the list above have we invaded recently for their oil?
Russia has probably the world's largest reserves of Natural Gas but I don't see us invading Russia for thier oil any time soon.
Don Cardi
