Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Free
Message: Re: EGYPT

Jan 28, 2011 06:47PM
1
Jan 29, 2011 12:32AM

Jan 29, 2011 01:37AM

Jan 29, 2011 07:43AM

Jan 29, 2011 07:50AM

Jan 29, 2011 10:28AM

Jan 29, 2011 10:56PM

Jan 30, 2011 03:11PM

Jan 30, 2011 03:21PM

Jan 30, 2011 04:07PM

Jan 30, 2011 11:09PM
1
Jan 31, 2011 12:31AM
1
Jan 31, 2011 12:56AM
1
Jan 31, 2011 01:28AM

Jan 31, 2011 07:05AM

Jan 31, 2011 07:19AM

Jan 31, 2011 07:29AM

True - in terms of oil production, Egypt is a nothingburger. It is the larger context that should cause concern:

In Tunis, the reigning corrupt despot is thrown out, in spite of economic indicators showing good growth.

In Egypt, the reigning corrupt despot is thrown out, in spite of economic indicators showing good growth.

In Yemen, there is a reigning corrupt despot on the verge of being thrown out.

Neither has much oil, but:

In Saudi Arabia, there is a reigning corrupt despot.

In Kuwait, there is a reigning corrupt despot.

In Syria, there is a reigning corrupt despot.

In all cases, there is a danger of an islamic, fundamentalist, anti-West regieme (a la Iran) seizing power.

Should this materialize, the sh*t will hit the fan.

So look ahead a few years to see the real impacaty if present events.


Jan 31, 2011 10:56AM

Jan 31, 2011 11:45AM
Share
New Message
Please login to post a reply