Tuesday, June 27, 2006

Pentagon palavers “Risk” to Oil Supplies

The Financial Times reports that a Pentagon study decries the “risk” to oil supplies presented by Ibero-American “nationalism”. According to the military’s risk mavens, this risk can only be allayed by a change in the “investment” climate.

Translation: if Bolivia and Ecuador and Mexico own their own oil, that presents a risk that needs to be changed by our owning it.

Anyone still wonder why the U.S. is loathed by the peoples of hispanic America?

By the way, Mexico has owned its oil since 1938 when it was nationalized by Pres. Cardenas. Has the flow of Mexican oil to the U.S. been “at risk” for all these 60 years?

©WCG, 2006

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