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Re: [casi] Need help interpreting DOE Country Analysis Briefs (all countries;Middle East): Persian Gu lf region



Hi,
The difference between demand and imports as far as the US is concerned is
simply that the US consumes more oil than it produces, therefore the balance
needs to be made up from imports. US oil compnaies don't sell on oil they
buy from iraq or any-one else, they need it themselves to supply all those
gas guzzling SUVs. The number one supplier to the US of foreign oil is Saudi
Arabia, followed by Mexico, Venezuela, Canada and Iraq. Outside Saudi and
Iraq, the US doesn't get too much oil from the mideast, not even from
kuwait, but it gets about 1.4 million barrels a day from the saudis, and
about 1 million barrels a day from iraq, together thats about 20-25% of
total imports. About two-thirds of what iraq sells under the oil for food
program goes to the US
There's alot of myths surrounding oil and its influence on the US government
policy, i personally think its overstated because US oil companies are
busting to get in to Iran and Libya, which they are prevented from doing so
by US unilateral sanctions. There's also other doemstic interests Bush
contends with, such as the pro-Israeli lobby which don't want the sanctions
lifted.
I doubt very much the theory about the US wanting to control Europe's
economy by controlling middle east oil, its all about meeting domestic
demand, the US is alot more oil dependent that europe is, and it is alone
the biggest market for oil in the world. The US would also suffer a shock if
imports from saudi arabia suddenly dried up in the long term. But then
again, it used to buy alot of the stuff from Iran and Libya, and if/when
they come back the saudis could be less important. There is also a sleeping
oil giant, Russia. Hope this helps,
best
Peter Kiernan



----- Original Message -----
From: "pjw8" <pjw8@dana.ucc.nau.edu>
To: <soc-casi-discuss@lists.cam.ac.uk>
Sent: Thursday, March 14, 2002 5:15 PM
Subject: [casi] Need help interpreting DOE Country Analysis Briefs (all
countries;Middle East): Persian Gu lf region


> Hallo friends,
> Below is a link to the US Department of Energy latest stats
> on imports of Gulf oil, including Iraq.
> I've got some preliminary thoughts in mind, but would like
> assistance from anyone who is good at sorting through
> stats.
> If I've got it right, the US is selling Iraqi oil ON to other
> places, ie not just for its own consumption (difference
> between "net" and "demand"?) I wonder how much profit it's
> getting.
> Also, W Europe is not as reliant on Gulf oil as I'd thought,
> which raises questions about the theory that one of the reasons the US
wants
> to stay in the region is to maintain control over W Europe's
> economy via Europe's reliance on Gulf oil. Whereas, with
> Japan, it definitely is nearly 100 percent dependent on
> Gulf oil. It still looks like the US is getting most of
> the oil it needs for domestic consumption outside the Gulf,
> however, debunking the myth that it needs to be in the Gulf
> for national security reasons, Philippa Winkler
>
>
> >===== Original Message From wmaster@eia.doe.gov =====
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>
> An updated Country Analysis Brief on the Persian Gulf Region is now
available.
> To access this report, the World Wide Web address is:
>
> http://www.eia.doe.gov/cabs/pgulf.html
>
> The report provides information on the Persian Gulf region's oil and
natural
> gas
> production,
> exports, and other recent developments
>
>
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