Comments about ‘Army officer wants humanism officially recognized’
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Here's "No Religious Preference" without pay. Don't you love GOP spending in a election year?. The U.S. military's appetite for oil may snarl efforts to pare defense spending by about $490 billion in the next decade. The Pentagon (USBODEFN), the world's single largest consumer of energy excluding countries, spent $17.3 billion on petroleum in fiscal 2011, a 26 percent increase from $13.7 billion the previous year, according to Department of Defense data provided to Bloomberg Government. The oil prices will further exacerbate the defense spending cap, said Rumbaugh, a co-director of the Stimson Center's program on budgeting for foreign affairs and defense in Washington. They'll be in competition with other defense priorities, including procurement and paying soldiers?. Rising oil prices accounted for the bulk of the Defense Departments increased petroleum costs last year. The spending was the highest since at least fiscal 2005, the last year for which comparable data is available, according to the Pentagon. The costs represent about 2.5 percent of the department's budget in fiscal 2011, which ended Sept. 30.
Let's hope this Army officer that wants humanism officially recognized, then a full wallett seeing that's more important then this.
We had the manpower in Iraq... we could have turned on the tap at any time and let the oil flow. But that would have gone against the petrol cartels' plans to bankrupt the US while lining their own pockets.
Re: DeltaFoxtrot 2:36 p.m. West Valley, UT
We had the manpower in Iraq... we could have turned on the tap at any time and let the oil flow, gone against the petrol-cartels plans to bankrupt US while lining their own pockets.
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Reply: Fifty years ago, five of the world's top oil producing countries convened in Baghdad to form the Organization of Petroleum Exporting Countries (OPEC), the most powerful cartel in modern history. Contrary to popular belief, OPEC was not the brainchild of an Arab but of Venezuelas Energy and Mines minister Juan Pablo Pérez Alfonzo who got fed up with the domination of the petroleum industry by the Seven Sisters, the seven Anglo-American oil companies, and particularly with the Eisenhower Administration's law that forced quotas on Venezuelan and Persian Gulf oil imports in favor of Canadian and Mexican oil firms. Pérez Alfonzo, who is otherwise known for titling oil the Devil's excrement, convinced his Saudi and Iranian counterparts to join a consortium of major oil producers whose goal would be to assert its member countries legitimate rights and to gain a major say in the pricing of crude oil on world markets.
continued
In any case, most gas producers already benefit from a cartel by linking gas prices with the OPEC-influenced price of oil. This curious arrangement is an indication of the imperfections of the international trade in gas. Most of it is sold not on the open market, but through long-term contracts between a single producer and a single buyer. There is little competition and almost no transparency in prices. Some 87% of the gas exported by the putative members of OGEC is sold in this way.
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