CaptianAmerica

LOOK AT THE REAL WORTH AND WEALTH OF IRAQ!! 86 cts TO $1.17 IS JUST WAY UNDER VALUED. OVER 20 YEARS AGO AND AGAINST USD WORTH WAY MORE THE DINAR WAS $3.22. THE USD IS WAY LOWER NOW AND MORE OIL THEN ALL OF THEIR NEIGHBORE HAS BEEN FOUND. The Crude Wealth of Iraq; Henry Thompson Iraq is a wealthy country and every Iraqi a present value millionaire. Wealth in the world has shifted toward the owners of crude oil. Over the next two decades, total world energy consumption will almost double with serious alternatives to oil remain decades away. US oil consumption is expanding as production declines and imports climb. Oil prices and the energy share of national income will increase over the coming decades. Monopoly resource profits will be going to the owners of oil and other energy resources. Oil extraction and refining are very competitive with profits slightly higher than the average industry but with high risk. The owners of the oil will enjoy the rising prices. Oil is owned primarily by governments around the world. The price of a barrel of crude oil at the wellhead jumps around between $40 and $150 while extraction cost in the Middle East is under $10. The owners of the oil in the ground enjoy the profit. The Arab Gulf has 65% of the world’s proven oil reserves and Iraq has 12%. Oil in the ground is like money in the bank and that makes the government and perhaps Iraqis themselves wealthy. Iraq can produce 6 million barrels of oil a day, 2 billion barrels per year. At $50 per barrel, that oil would sell for $100 billion. The population of Iraq is 24 million and that oil income translates to $4000 per person. If Iraq sells a quarter of its potential reserves at an average price of $50 for the next 20 years, that would generate 90 billion x $50 = $4.5 trillion. If the population of Iraq grows to 30 million that would be $150,000 per capita for 20 years, or $7,500 annual income per capita. Price will be rising but the Iraqi government will waste a good deal of the profit. If instead of wasting the income it is invested, Iraq will become wealthy. Estimated productive capital assets in the US are $60,000 per capita and $5,000 for the entire world. If Iraq invests only 1/4 of its oil revenue for the next 20 years, it will match current US productive assets per capita. The total value of Iraq potential oil reserves at an average profit of $75 per barrel over next 100 years would be 360 billion x $75 = $27 trillion or $900,000 per capita, making every Iraqi a millionaire. These calculations do not include natural gas revenue, lately about equal to oil revenue for producing fields. Also, most of Iraq has not been explored for gas or oil. In the Persian Gulf region, proven oil reserves are 195 trillion barrels. Selling this at an average profit of $75 per barrel over the next 100 years would generate $15,000 trillion income. If half of that is invested, it would amount to $7,500 trillion or 1/4 of the present total capital assets in world. And this is only proven reserves. Due to political uncertainty most of the Gulf region has not been explored for gas and oil. OIL IS NOW $100 A BARRELSO THIS WAS WRITTEN QUITE SOME TIME AGO. IT LEAVES OUT THAT ONLY 20% OF IRAQ HAS BEEN EXPLORED SO FAR, AND IT SAYS IRAQ HAS 12%. WE NOW KNOW IRAQ HAS FAR MORE OIL THAN ALL IT'S NEIGHBORS. ADDED TO THE OIL IS THE NATURAL GAS WHICH IRAQ ALSO HAS MORE OF. SO THIS ARTICLE SAYING $50 ABARREL IS OFF BY 50% RIGHT HERE. IT IS OFF EVEN MORE WITH 80% YET UNEXPLORED THAT SAID; IRAQIS ARE MILLIONAIRES X 2 ( FOR THE $100 OIL) x 5 ( FO THE 80% YET EXPLORED)x WE HAVE NO NUMBERS FOR THE NATURAL GAS BUT YOU SEE WHERE ITS GOING. EVEN AT THE END WITH $75 A BARREL = $900,000 PER CAP ADD 25% MORE FOR $100 PER BARREL. AND STILL NO NUMBERS FOR THE NATURAL GAS MULTI-MILLIONAIRES IS MORE LIKE CORRECT Subject: Billions Over Baghdad - New York Times http://www.nytimes.c...n/27taylor.html Hello again folks, If U don't presently have a copy of the above article from the NY TIMES, written by Stanford graduate and former Under Sec. of the Treas., John B. Taylor, in Feb. 2007, please print one now and read it over and over, every time U may wonder if this RV is for real or not. Share it w/ others who may think you and we are all nuts, like CA Sen. Henry Waxman said on the Senate floor. As far as I'm concerned, it's the most concise explanation of how this plan was conceived by Cheney & Greenspan and then put into action before the first shot was ever fired in the Iraqi War. It also gives credibility to GWB when he expressed many times as to how this war would pay for itself, namely OIL. Iraqi oil at less than $33/bbl coming to the USA. This new Iraqi currency that was shipped & also flown by - get this: 27 747's into Iraq right during the war - is the very SAME dinar that we all presently hold awaiting the Re-Valuation. Just think about this: We are part of history being made, folks! And we will be made wealthy beyond our wildest dreams for so doing. So may I encourage you all to be patient. If we were any closer we'd be WET! Jim

$1203 WHAT?????

$1 ??? THAT'S JUST SILLY! THE DINAR WAS $3.22 OVER 20 YEARS AGO WHEN THE USD WAS FAR HIGHER. TRY SOME REAL ACURATE INFORMATION ABOUT THE WORTH AND WEALTH IN IRAQ! Subject: Billions Over Baghdad - New York Times http://www.nytimes.c...n/27taylor.html Hello again folks, If U don't presently have a copy of the above article from the NY TIMES, written by Stanford graduate and former Under Sec. of the Treas., John B. Taylor, in Feb. 2007, please print one now and read it over and over, every time U may wonder if this RV is for real or not. Share it w/ others who may think you and we are all nuts, like CA Sen. Henry Waxman said on the Senate floor. As far as I'm concerned, it's the most concise explanation of how this plan was conceived by Cheney & Greenspan and then put into action before the first shot was ever fired in the Iraqi War. It also gives credibility to GWB when he expressed many times as to how this war would pay for itself, namely OIL. Iraqi oil at less than $33/bbl coming to the USA. This new Iraqi currency that was shipped & also flown by - get this: 27 747's into Iraq right during the war - is the very SAME dinar that we all presently hold awaiting the Re-Valuation. Just think about this: We are part of history being made, folks! And we will be made wealthy beyond our wildest dreams for so doing. So may I encourage you all to be patient. If we were any closer we'd be WET! Jim The Crude Wealth of Iraq; Henry Thompson Iraq is a wealthy country and every Iraqi a present value millionaire. Wealth in the world has shifted toward the owners of crude oil. Over the next two decades, total world energy consumption will almost double with serious alternatives to oil remain decades away. US oil consumption is expanding as production declines and imports climb. Oil prices and the energy share of national income will increase over the coming decades. Monopoly resource profits will be going to the owners of oil and other energy resources. Oil extraction and refining are very competitive with profits slightly higher than the average industry but with high risk. The owners of the oil will enjoy the rising prices. Oil is owned primarily by governments around the world. The price of a barrel of crude oil at the wellhead jumps around between $40 and $150 while extraction cost in the Middle East is under $10. The owners of the oil in the ground enjoy the profit. The Arab Gulf has 65% of the world’s proven oil reserves and Iraq has 12%. Oil in the ground is like money in the bank and that makes the government and perhaps Iraqis themselves wealthy. Iraq can produce 6 million barrels of oil a day, 2 billion barrels per year. At $50 per barrel, that oil would sell for $100 billion. The population of Iraq is 24 million and that oil income translates to $4000 per person. If Iraq sells a quarter of its potential reserves at an average price of $50 for the next 20 years, that would generate 90 billion x $50 = $4.5 trillion. If the population of Iraq grows to 30 million that would be $150,000 per capita for 20 years, or $7,500 annual income per capita. Price will be rising but the Iraqi government will waste a good deal of the profit. If instead of wasting the income it is invested, Iraq will become wealthy. Estimated productive capital assets in the US are $60,000 per capita and $5,000 for the entire world. If Iraq invests only 1/4 of its oil revenue for the next 20 years, it will match current US productive assets per capita. The total value of Iraq potential oil reserves at an average profit of $75 per barrel over next 100 years would be 360 billion x $75 = $27 trillion or $900,000 per capita, making every Iraqi a millionaire. These calculations do not include natural gas revenue, lately about equal to oil revenue for producing fields. Also, most of Iraq has not been explored for gas or oil. In the Persian Gulf region, proven oil reserves are 195 trillion barrels. Selling this at an average profit of $75 per barrel over the next 100 years would generate $15,000 trillion income. If half of that is invested, it would amount to $7,500 trillion or 1/4 of the present total capital assets in world. And this is only proven reserves. Due to political uncertainty most of the Gulf region has not been explored for gas and oil. OIL IS NOW $100 A BARRELSO THIS WAS WRITTEN QUITE SOME TIME AGO. IT LEAVES OUT THAT ONLY 20% OF IRAQ HAS BEEN EXPLORED SO FAR, AND IT SAYS IRAQ HAS 12%. WE NOW KNOW IRAQ HAS FAR MORE OIL THAN ALL IT'S NEIGHBORS. ADDED TO THE OIL IS THE NATURAL GAS WHICH IRAQ ALSO HAS MORE OF. SO THIS ARTICLE SAYING $50 ABARREL IS OFF BY 50% RIGHT HERE. IT IS OFF EVEN MORE WITH 80% YET UNEXPLORED THAT SAID; IRAQIS ARE MILLIONAIRES X 2 ( FOR THE $100 OIL) x 5 ( FO THE 80% YET EXPLORED)x WE HAVE NO NUMBERS FOR THE NATURAL GAS BUT YOU SEE WHERE ITS GOING. EVEN AT THE END WITH $75 A BARREL = $900,000 PER CAP ADD 25% MORE FOR $100 PER BARREL. AND STILL NO NUMBERS FOR THE NATURAL GAS MULTI-MILLIONAIRES IS MORE LIKE CORRECT

IS EVERYONE GETTING EDGEY WAITING FOR THE RV??? A GUY LIIKE GENERAL KANG GOES TO ALL THE TROUBLE TO FIND THE MOST OUTRAGEOUS POSTS. THEN DOES REPLIES IN KLINGON?? LOOKED LIKE HE WAS JUST GIVING US SOMETHING TO TAKE OUR MINDS OFF THIS WORRY UP AND WAIT. WHAT DO YOU GUYS DO? GO OFF THE DEEP END WITH BASHING OVER HAVING JUST A BIT OF FUN .. AS GOMER PYLE SAID SHAME SHAME SHAME !!! GEEZE GUYS IF YOUR NECKS WERE ANY STIFFER YOU COULDN'T BEND OVER TO GET YOUR PANTS ON.