"For the United States, an Islamic Caliphate is a severe threat to the
dollar and to national security, as ISIS could abolish the Petro-dollar
agreement America has with OPEC and the Saudi government, and in
addition, could potentially cause a new oil crisis as ISIS already
controls several oil fields within the state of Iraq."
http://www.examiner.com/article/a-hundred-years-after-start-of-wwi-the-ottoman-empire-returns
>
On 8/4/2014 1:03 PM, jr_...@yahoo.com [FairfieldLife] wrote:
With the successful attacks by the militants in Kurdish lands, the
various political forces in Iraq could and should now rally together
to get a unified country for the sake of its own existence. If this
happens, it would be a victory for Iraq.
>
On 8/4/2014 2:23 PM, Richard J. Williams wrote:
What if you woke up in the morning and found out that ISIS had taken
over Baghdad and the Iraqi oilfields? What if the Iraqi oil supply was
interrupted and there was a shortage of oil exports? What if the
crises was worse than the 1973-74 OPEC oil embargo? What if there was
a world-wide oil shock? What would you do?
1. Purchase a bicycle.
2. Take the bus to work.
3. Sell your vehicle and by an electric car.
4. Do nothing - wait in line for hours at a gas station.
5. Send troops into Iraq to route out and kill the ISIS forces.
6. Vote to increase U.S. domestic oil output and to build more fuel
refineries.
/"...a world oil shock at least equal to the so-called ‘Arab oil
embargo’ of 1973-74 in terms of oil export supply cuts from several
key regions and producer states – Russia, Iraq, Libya, Syria, Yemen
and possibly the GCC Arab Gulf exporters." /
'Oil prices - When ISIS takes Baghdad'
http://www.oilvoice.com/n/Oil_prices_When_ISIS_takes_Baghdad/40d31cf76c7b.aspx#gsc.tab=0
>
It would also be a victory for Obama's foreign policies. Let's find
out in the next few weeks.
http://www.huffingtonpost.com/2014/08/04/islamic-state-iraq_n_5647532.html?ncid=txtlnkusaolp00000592
