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Re: KastelCo post# 17129

Wednesday, 11/22/2006 10:25:20 PM

Wednesday, November 22, 2006 10:25:20 PM

Post# of 19037
-- I can pretty much summarize that article with 2 cut/pastes.

from part 1

Western oil majors were already losing their leadership of the global oil system, had now been reduced to controlling a mere 9% or 10%

...and from part 2

the comparatively more rigid bilateral long-term supply contract is making a significant comeback on oil markets.

which means that 90% of the worlds oil is in the hands of hostile, anti-free markets, anti-democratic regimes.

fun-fun-fun

thanks for posting.


FP........................................................

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