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US Government Votes to Raise Oil Prices in OPEC
National Federation of Republican Assemblies ^ | 4-22-04 | Carl Olson

Posted on 04/23/2004 9:54:30 AM PDT by Veritas_est

National NFRA: US Government Votes to Raise Oil Prices in OPEC

CIA AND OTHER U. S. INTELLIGENCE AGENCIES HELP OIL CARTEL OPEC IN OIL PRODUCTION CUTBACKS TO SKYROCKET OIL PRICES WORLDWIDE

By Carl Olson

U. S. intelligence agencies have a duty to assist occupied Iraq and its oil cartel Organization of Petroleum Exporting Countries. "The President and Congress should reveal what help American spy agencies have provided to OPEC in causing skyrocketing oil prices," stated Carl Olson, Chairman of State Department Watch, a nonpartisan foreign policy watchdog group headquartered in Washington, D. C. "The American public does not deserve to have its defense forces used to generate tens of billions of dollars of windfall profits for Persian Gulf and other dubious regimes."

As the occupying power in Iraq, the U. S. has actively exercised Iraq's membership in OPEC since March 2003. This participation has included voting in favor of raising oil prices by new production cutbacks at the recent Vienna meeting of OPEC.

The Department of Defense conducts the occupation under its Coalition Provisional Authority. Its utilizes all resources both overt and covert in support of the occupation, including intelligence agencies such as the Central Intelligence Agency, Defense Intelligence Agency, National Security Agency, State Department, Energy Department, and others.

The CIA has ongoing programs to track production and distribution of commercial products, including petroleum, all around the world. It penetrates secret facilities to gain information, as evidenced by its report to Congress about the products made by slave labor in the gulag camps of the Soviet Union in the mid-1980s.

The success of OPEC's cartel depends upon its ability to monitor the production and deliveries of petroleum by its 11 member states and others, plus its ability to enforce the targets with rewards and penalties. The members of OPEC are Algeria, Indonesia, Iran, Iraq (occupied by the U.S.), Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.

"Congress should hold hearings on how the CIA and other intelligence agencies in overt and covert operations have been helping OPEC for the past year and how they will continue after the partial turnover of sovereignty on June 30," Olson concluded.

For further information: http://www.statedepartmentwatch.org


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government; News/Current Events
KEYWORDS: agencies; cartel; cia; cutbacks; federal; government; intelligence; oil; opec; thelooneyleft; tinfoil; worldwide
Aaaarrrrgggghhhh! Angst!
1 posted on 04/23/2004 9:54:31 AM PDT by Veritas_est
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To: Veritas_est
One slight problem with that view (two since I can't find a source that says that the Iraqi representative went along with the production cuts) - Iraq is not part of the current OPEC quota system.
2 posted on 04/23/2004 10:07:27 AM PDT by steveegg (Radical Islam has more in common with Islamic populations than the mainstream media has with America)
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To: Veritas_est
Yeah the way we keep blowing up the pipelines to curtail production is awful, just awful. Ain't it. I blame Booosh.
3 posted on 04/23/2004 10:09:45 AM PDT by johnb838 ("I really don't care; they're all gonna die," US Marine in Fallujah)
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To: Veritas_est
Wait a second, the Bush administration is so stupid and such an utter failure that it is not fit to run the country, yet it is such an evilly genius operation that it can manipulate everything from OPEC oil prices to getting Err America off the airwaves. I'm so confused now...I think I'll vote for Nader.
4 posted on 04/23/2004 10:31:55 AM PDT by Turbo Pig (...to close with and destroy the enemy...)
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To: steveegg
This is an excerpt from: Link to OPEC Members

"April 8 , 2004 OPEC Organization of Petroleum Exporting Countries (OPEC) members include Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Note: EIA's analysis of world oil markets has been consolidated into its Short-Term Energy Outlook (Outlook). Please refer to the Outlook for updated information on OPEC quotas, production, and production capacity levels. The Organization of Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, in September 1960, to unify and coordinate members' petroleum policies. OPEC members' national oil ministers meet regularly to discuss prices and, since 1982, to set crude oil production quotas. Original OPEC members include Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. Between 1960 and 1975, the organization expanded to include Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), and Nigeria (1971). Ecuador and Gabon were members of OPEC, but Ecuador withdrew in December 1992, and Gabon followed suit in January 1995. Although Iraq remains a member of OPEC, Iraqi production has not been a part of any OPEC quota agreements since March 1998. EIA estimates the current eleven OPEC members account for almost 40% of world oil production and about 2/3 of the world's proven oil reserves."

From this it looks like Iraq is still part of OPEC. I also found evidence at 2 other sites that indicates they are still in OPEC.

5 posted on 04/23/2004 10:47:07 AM PDT by Veritas_est (Truth is)
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To: All
Quick, someone call Lew Rockwell.
6 posted on 04/23/2004 10:52:41 AM PDT by Belisaurius ("Fat, drunk and stupid is no way to go through life, Ted" - Joseph Kennedy 1958)
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To: steveegg
It looks like I may have all ten toes in my mouth. I just reread your comment and see that you did in fact say that Iraq is not a part of the quota system. You are 100% correct. I'm wondering if the US being involved strong armed a vote on this for Iraq. I would like to see more on this myself.
7 posted on 04/23/2004 10:56:03 AM PDT by Veritas_est (Truth is)
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To: Veritas_est
Kindly reread what I said -
One slight problem with that view (two since I can't find a source that says that the Iraqi representative went along with the production cuts) - Iraq is not part of the current OPEC quota system.
Now, let's break it down...

One slight problem with that view (two since I can't find a source that says that the Iraqi representative went along with the production cuts)...STOP THE TAPE!

Did I say that Iraq was not part of OPEC? No. I said that I could not find another source that said that Iraq went along with the production cuts. Further, by using the phrase "Iraqi representative", that would signal that Iraq is part of OPEC and indeed was at that meeting.

...Iraq is not part of the current OPEC quota system.

Again, I did not say that Iraq is not part of OPEC; rather, I said that Iraq is not part of the current quota system. This is also borne out by your post to me...

Although Iraq remains a member of OPEC, Iraqi production has not been a part of any OPEC quota agreements since March 1998.
I just thought I'd clear that up.
8 posted on 04/23/2004 10:58:23 AM PDT by steveegg (Radical Islam has more in common with Islamic populations than the mainstream media has with America)
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To: Veritas_est
I wish I would've saw that before posting my last. Sorry about that.
9 posted on 04/23/2004 10:59:32 AM PDT by steveegg (Radical Islam has more in common with Islamic populations than the mainstream media has with America)
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To: Veritas_est
a nonpartisan foreign policy watchdog group headquartered in Washington, D. C. "The American public does not deserve to have its defense forces used to generate tens of billions of dollars of windfall profits

Yep, that fits the definition of nonpartisan, and only by coincidence matches the talking points of the DNC and every Leftist corp in the world.

10 posted on 04/23/2004 10:59:35 AM PDT by RightWhale (Theorems link concepts; proofs establish links)
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To: Turbo Pig
Wait a second, the Bush administration is so stupid and such an utter failure that it is not fit to run the country, yet it is such an evilly genius operation that it can manipulate everything from OPEC oil prices to getting Err America off the airwaves. I'm so confused now...I think I'll vote for Nader.

Isn't it amazing how he can be both an evil genius and a village idiot. Why it's almost like he's...he's Jewish or something.

11 posted on 04/23/2004 11:00:25 AM PDT by biblewonk (The only book worth reading, and reading, and reading.)
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To: Veritas_est
No, They are a part in name only.

Although Iraq remains a member of OPEC, Iraqi production has not been a part of any OPEC quota agreements since March 1998

12 posted on 04/23/2004 11:03:23 AM PDT by hobbes1 (Hobbes1TheOmniscient® "I know everything so you don't have to" ;)
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To: biblewonk
he's Jewish or something.

Great analogy.

Also notice how last week the media blasted him for conspiring with Saudi to lower oil prices to influence his re-election as in Bob Woodward's book, and now they're blasting him for NOT conspiring with OPEC to lower oil prices?

Of course, I'm assuming that liberals are capable of having a higher IQ and a more developed sense of logic than than a jellyfish.
13 posted on 04/23/2004 11:12:13 AM PDT by Nataku X
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To: Nakatu X
Of course, I'm assuming that liberals are capable of having a higher IQ and a more developed sense of logic than than a jellyfish.

I don't know, I met the ultimate liberal a couple of weeks ago. This guy is down right scary. He is the classic angry liberal and as he bitches about all the things wrong with the world, he winds contradicting himself. One fundamental thing about him...he's an athiest.

14 posted on 04/23/2004 11:15:17 AM PDT by biblewonk (The only book worth reading, and reading, and reading.)
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To: biblewonk
Don't be sure he's an atheist. Every flaming liberal "atheist" I've met have turned out to hold many pagan beliefs--crystals, karma, trees have spirit, the world is carried on the back of a turtle (yes, one of my "atheist" friends believe that), whatever.

Stupid, illogical beliefs accompany stupid, illogical politics. (Yes, you could argue that atheism is stupid, but it makes more sense than an autonomous Earth being carried on a turtle's back and all that junk.)
15 posted on 04/23/2004 12:20:46 PM PDT by Nataku X
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