Quote:
Originally Posted by Cimarron29414
dlish,
I have to say that a fraction of your post offends me.
It isn't like the US (and Britian) go into these places and STEAL the oil. It is paid for at the market rate. Never once have I seen any evidence that the US gets some some sort of sweetheart deal for "mopping up" these places. Not from Kuwait, not from Iraq. We pay the same price as everyone - except we don't. We pay the market rate plus blood to maintain the supply lines, not only to ourselves but to the rest of the world who doesn't spill their blood. So, rather than excoriating the US for "protecting its commerical interests," perhaps it would be more appropriate to thank the US for protecting Australia's commercial interests when Australia seems unwilling...based on your earlier post.
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Actually Cimarron, it's not that the US pays a rate the same as everyone else. The point is to ensure that the contracts granted for extraction of the oil go to American companies. It's these companies that will benefit.
The US corporation pays royalty to the nation of Libya to extract the oil. Then Australia will then purchase the oil from that US interest directly.
This isn't neccessarily that case in Libya but that appears to be what the plan was in Iraq, and it was certainly the plan when Roosevelt met with the King of Saudi Arabia back at the end of WWII.