Charles Brown wrote:
* From: Marvin Gandall
But I'm no expert. Are there any historical instances since WWII where 1) US
military control of the oil supply drove the price down?, or 2) Exxon,
Shell, BP, Total, and the other Western multinationals have agitated for US
military intervention to lower oil prices?
^^^^^
CB: Wouldn't oil companies want to raise oil prices ?
Common sense says stable prices are what oil companies desire. A nice
steady flow of green stuff. The neocon bitch has always been that OPEC
can't control the pricing mechanism correctly, that they occasionally
price war amongst themselves, and lead/lag times with production cause
economic turmoil in energy-intensive industry. Whether the western
industrialized nations can do better is an untested hypothesis.
Now... whether we can still consider oil to be pric-able acording to
normal economic models, or whether a "conflict model" may be more
appropriate is a question beyond my realm.
Perhaps one of the attendees at "Dead-eye Dick's" strategic energy task
force meetings might want to inform the nation that from now on, until
the oil is ALL gone, the west will be at war to support an untenable way
of life.
Leigh
http://leighm.net/
