ESL Lesson 1
Oil in Our Every Day Life
ESL Lesson 2
The History of Mining
ESL Lesson 3
Economic growth
ESL Lesson 4
Delivery Systems
ESL Lesson 5
Cities and Population Movement
ESL Lesson 6
Recycling
ESL Lesson 7
Rubber
ESL Lesson 8
Farming
Iraqi Oil Reserves
Iraq has 115 billion barrels of known oil reserves-10 percent of the world's total-and it is estimated that a fully functioning industry could generate $100 billion in annual (yearly) revenue. The most important resources are in the Majnoon and West Qurna fields, close to Basra in the south of the country, which contain nearly a quarter (25%) of Iraq's proven reserves. On top of this, Iraq is estimated to have between 100 and 200 billion barrels of possible reserves, including in the western desert.
These vast untapped (undrilled) reserves of easily reachable and low-cost oil and natural gas, have long been a crucial target of the US and British energy conglomerates (multi-national energy companies), particularly as the discovery of new oil deposits elsewhere in the world have drastically (greatly) slowed and existing (current) reserves have declined. With demand increasing from rapidly developing countries such as China and India, control of Middle East oil, and control of Iraq's vast reserves in particular, and now Iran's became a vital geo-strategic goal for world governments.
As early as the mid-1990s, there was growing concern that the unraveling (coming apart) of the United Nations sanctions imposed (put in place) after the first Gulf War would enable (allow) Saddam Hussein to establish (start) lucrative (high-income) agreements with French, Russian, Chinese and other oil companies that would leave the US and Britain out and realign (readjust) the global energy industry. Political writer Kevin Phillips noted in his book American Theocracy: The Peril and Politics of Radical Religion, Oil and Borrowed Money in the 21st Century, “So long as the United States and Britain could keep these sanctions in place, using allegations (hear-say) concerning weapons of mass destruction, Saddam could not implement (begin) his own plan to extend large-scale oil concessions (contracts estimated to be worth $1.1 trillion)” to their economic rivals in Europe and Asia.
Months after the US invasion of Iraq-and after a long legal battle with the White House-it was revealed that control of Iraq's oil fields was one of the chief (main) issues discussed in Vice President Dick Cheney's Energy Task Force meeting with oil executives in 2001. Check out: http://www.brusselstribunal.org/Oil.htm for issues related to the Energy Task Force in 2001. Among the items released under court order were maps of Iraq's oil fields, pipelines and refineries, with a supporting (additional related) list of “Foreign Suitors (other companies also interested in the oil contracts) for Iraqi Oilfield Contracts,” naming more than 60 firms from 30 countries, most prominently France, Russia and China, that had projects either agreed upon or under discussion with Baghdad. The French giant, Total, for example, was to get the 25-billion barrel Majnoon oil field, while Russia's Lukoil had deals to develop the West Qurna fields.
The Independent article on the new hydrocarbon law noted that it was doubtful that these old contracts would be considered valid by the new Iraqi government, and that “ExxonMobil is now seen by insiders as the frontrunner (#1) to grab the rights to (get the contract to pump oil) the Majnoon field.”
Final Note: David DuByne
The answers to these problems are not easy, and there is not a single answer solution. Switching to this or substituting that only draws out the problem, and never really tackles the cause head on. Switching to other fuels is a Band-Aid measure so corporations can continue to profit when there are solutions that already exist, but do not generate profit. Self-sustainability isn't about being a consumer; it is about getting off of the grid or minimizing your contact with it. This is 180 degrees opposite of modern business practice. The current mind frame in the global conscious about how banking, wealth and profit are made will have to be re-thought. The solution starts with humankind waking up and collectively saying, “Stop, I will not continue under this system, we need a new way forward with less or without fossil fuel” Quantum Physics is starting to prove what masters of thought and mind have said for thousands of years, thought creates the reality around you, it forms the third (3rd) dimensional substance around you. So it may take collective thought of all human beings at once to re-adjust the paradigm of what we perceive as the world around us, without fossil fuels and re-form our world.
Until that happens, use the information of this site to lessen you impact, inform others, and help form the future. It never ever will be about running out of oil or hiding in a mountain cabin with two years of food, it will be about coming together with other people close to you, working together, living together, finding solutions together and celebrating life together. Embrace the change.
You can find suggested web sites with Oil depletion information and alternative fuels in our Link-Section!
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Farming
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Iraqi regime to hand over oil reserves to US energy giants
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Iraqi Oil Reserves
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