Thursday, August 09, 2007

No Limits for US Greed for Oil.

From Voltairenet.org:


3 August 2007
From Beirut (Lebanon)


The Big Flow in the Gulf Strengthens Prices of Shares in the Stock Markets.

Increase of Lebanese Central Bank’s Assets to $13 bn.

The Second Gulf Bank Starts Procedures of License for Entering Syria.

A Project of a New Industrial Zone in Syria. 250.000 Jordanian dinars, Profits of “Al-Hayat” Company for Medical Industries.

27.6%, Profits of “Al Itissalat” company in the First Half of This Year.

15 bn Egyptian pounds, the Volume of Computers Trade in Egypt Annually.

The Parliament of Kurdistan-Iraq Authorizes Establishing 4 Oil Companies.

$12 bn, the Profits of the Real Estate “Al Tejaria” company.

The Kuwaiti “Al Abraj” company Invests in Senegal.

The American “Delphi” company builds a Factory for Cars Spare Parts in Morocco.

The Algerian “Tasele” for Aviation Receives the First “Bombardee” Plane today.

The Volume of Trade Exchange between Turkey and Iran Exceeds $3.75 bn.

Iran provides 19 million Phone Lines in 2 Years.

No Limits for American Greed for Oil


With the announcement of the American government last week of the rise of its crude oil preserve to their highest levels in more than 9 years, the question on the reason of the continuous presents of the US oil investments companies in Iraq, despite the security threats, becomes meaningless.



The Department of Energy Data, which is the statistical arm of the US Ministry of Energy, said in its weekly report, that the volume of oil imports reached 10.79 million barrels daily. The report further should an increase in the reserves of the refinery fuel by 203.3 m barrels daily compared to expectations to increase them by an additional one million barrels.



With the increase of crude oil reserves last week, the American oil reserves have increased by more than 10 m barrels compared to last year.



Despite the huge American reserves of oil, which refers to the end of the American mission in Iraq, nevertheless, the announcement of the American administration that fuel reserves have dropped by 55% compared to last year, indicates implicitly that the greedy American administration has not been satisfied yet from Iraq oil and its people’s blood.

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