[Asclepius]

So much for the blood-for-oil argument.

We need to relax. President John F. Kerry will rescue us from our energy woes, our reliance on imported oil.

[templar]

President John F. Kerry will rescue us from our energy woes, our reliance on imported oil.

About as likely as Bush doing it. We grow more dependent on foreign oil by the day no matter who is in charge. Of course, the same thing is true of all other foreign products as well.

[DannyTN]

I understand Kerry puts out enough crap that he is expected to revitalize the agriculture industry too.

[WhiteGuy]

So much for the blood-for-oil argument.

Why would you assume that the "Blood for Oil" scenario means "war for cheap oil"?

The way I understand those who espouse this viewpoint, it's more like "War for Oil PROFITS".

THe argument has been made that the Bush family big oil interests, the Cheney family big oil industry interests, along with Middle East partners are all making a killing as a result of the war in iraq.

Add in the profits being reaped from the defense contracts and you have the makings of a fairly big "war profiteering Scandal".

Of course no one, especially me, believes this, do they?

[raloxk]

China is an energy pig.

GDP there is growing 8% annually but energy consumption is growing more than 10% annually. In the US the numbers are about 3.5% annual GDP and 1% annual energy demand increase.

Sharp oil price increases will really hurt China, which probably has an economic bubble building anyway.

[optik_b]

Yeah we're not even getting cheap gas out of Iraq. I'm trying to remember what are we getting out of this war again?