[Oil] was Bioweapons smoking gun

From: John K Clark (jonkc@att.net)
Date: Mon May 12 2003 - 13:05:23 MDT

  • Next message: Robert J. Bradbury: "Re: Bioweapons smoking gun"

    >>What do you mean it isn't "sustainable"? So far as I know, Iraq can
    >>pump 900,000 - 3.5 million barrels or more a day at that cost level for
    >>many years into the future. Iraq has some of the cheapest to access oil

    > Can you quantify "many"? Is it more like 5, 25, or 125 years? This
    > makes a significant difference.

    Iraq is known to have at least 112.5 Billion barrels of oil in the ground,
    this is probably a very conservative figure as there hasn't been any serious
    oil exploration in that country in a quarter of a century, but even if
    that's all there is I figure they could keep it up (3.5 million barrels a
    day) for about a century. If they tripled that amount of production
    the world would be flooded with cheap oil for at least 30 years;
    I don't worry after that because by then other factors would come into play.

      John K Clark jonkc@att.net



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