Spending surplus budget

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Spending surplus budget

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ddmagnan

9/23/2005 10:16 AM

Hewhocannotbenamed

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Mexico may start raking in cash too. I believe they have some large reserves of hard to refine oil as well.
-- "In our November issue we mistakenly labeled World in Conflict as ESRB rated M instead of T. Because apparently, it's ok to detonate a nuclear device in a major American city, as long as you don't see the blood of the countless innocent people you've killed until you turn 17." PC Gamer #169 Need help with your civ addiction (or just a good laugh). Go to civanon for help. "You won't stop playing until you WANT to stop playing."

Seared

9/23/2005 12:08 PM

I am pot

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Mexico may start raking in cash too. I believe they have some large reserves of hard to refine oil as well. Very true. Theres alot of oil on this planet in forms that were never economically feasible to refine. With prices this high, pretty much any oil is now worth refining... Even to the point where it's worth countries re-evaling the resources they have to see if oil production is possible. Russia, Denmark, and canada (pretty much any nations that have claim to arctic land) will probably be continually finding new oil reserves throughout the arctic circle that were previously not even worth investigating. Hans Island is a prime example. This rather desolate and meaningless island lying between Greenland (denmark) and canada was never thought to be important and was never really claimed. Now that the ices are melting, this island has great potential for natural resources (minerals mostly, but I imagine there could be gas as well) and who controls the island is being disputed.
-- --- Shouldn't we be too concerned with terror and war to be discussing this right now? ---

Scipio Africanus

9/23/2005 4:29 PM

Grognard fantôme

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He said the two countries will work together to try "to put this issue behind us." But Pettigrew reiterated that Canada has sovereignty over Hans Island. I _LOVE_ it! That is fricking hilarious! Like a bunch of lads playing king of the hill :p
-- "'The front' is wherever you stop running away. Get used to it. This is what modern warfare looks like." K T Cat

Seared

9/23/2005 6:18 PM

I am pot

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Hehe, I like how some Canadians plant a flag, then danes, then canadians... it's kinda funny to watch. Problem is, said hill may contain millions in minerals and other natural resources... So apparently it's worth fighting for
-- --- Shouldn't we be too concerned with terror and war to be discussing this right now? ---

jerm

9/23/2005 6:42 PM

Elite Pathogen

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So long term, what will this do to oil prices? If all these countries start refining harder to extract oil, won't that bring the price down again and make it not worth doing any more? I guess it will find a ballanced price and stay there. This cannot be good news for the Saudi family.
-- -A government that is powerful enough to do anything for us is powerful enough to do anything to us. -Fred Thompson -There are two races of people, the decent and the indecent. - Victor Frankel -They who would give up an essential liberty for temporary security, deserve neither liberty or security. - Benjamin Franklin Consequences

Scipio Africanus

9/23/2005 10:20 PM

Grognard fantôme

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What would the Middle East have to export if not oil?
-- "'The front' is wherever you stop running away. Get used to it. This is what modern warfare looks like." K T Cat

ddmagnan

9/26/2005 9:31 AM

Hewhocannotbenamed

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Saudi Arabia would be in the best shape. They have been investing a lot of money into some high-tech industries in preparation for the day the oil runs dry. The rest of the Middle East is screwed as far as I know. Their governments don't use the oil money for the current needs of their citizens, much less future needs.
-- "In our November issue we mistakenly labeled World in Conflict as ESRB rated M instead of T. Because apparently, it's ok to detonate a nuclear device in a major American city, as long as you don't see the blood of the countless innocent people you've killed until you turn 17." PC Gamer #169 Need help with your civ addiction (or just a good laugh). Go to civanon for help. "You won't stop playing until you WANT to stop playing."

Locus Coeruleus

9/26/2005 12:30 PM

Day-Saver!

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One wonders if Hugo Chavez, who realizes that the Oil rent won't be so extensive for ever (he acknowledged as much at the recent UN event), has established such programmes as educating and bringing out of poverty the extremely poor and uneducated 75 percent majority because the well being of Venezueal depends upon it once the oil runs dry. ??? (nevermind the fact that being a champion of the poor is the surest way to get you elected in that country, that's what got him into office and reelected 2 times, there is clearly a bigger picture here).
-- HERE I COME TO SAVE THE DAY!

jerm

9/26/2005 5:14 PM

Elite Pathogen

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Saudi Arabia would be in the best shape. They have been investing a lot of money into some high-tech industries in preparation for the day the oil runs dry. The rest of the Middle East is screwed as far as I know. Their governments don't use the oil money for the current needs of their citizens, much less future needs. Well perhaps I should have said OPEC (sp?). It won't be good news because now (or soon) they will have international competition. Sure they have some now but when all these countries start producing oil, it is going to be harder and harder to limit the supply of oil and thier cartel will have much less power. That was where I was going with that statement. It's not that they will have less oil, per se, but that everyone will have oil.
-- -A government that is powerful enough to do anything for us is powerful enough to do anything to us. -Fred Thompson -There are two races of people, the decent and the indecent. - Victor Frankel -They who would give up an essential liberty for temporary security, deserve neither liberty or security. - Benjamin Franklin Consequences

Ness