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An Oil allocation Authority won't happen, mostly because history is composed of cock-ups rather than conspiracies.  Oil will become increasing scarcer, more expensive, and gradually more and more unaffordable to the poor and poorer countries.

Those countries and companies with oil assets will reap the profits.  Wars will increasingly break out to gain access to those diminishing resources.  The Iraq war was the first of these, aimed at securing access to Iraqi oil for favoured U.S. corporations.  

In this it has been largely successful.  The Iraqis will be paying for their own occupation for many years to come.  So will the American taxpayer and car owner of course, but hey, it's a free country, and it is they who elected Cheney/Bush.

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri Nov 30th, 2007 at 12:59:31 PM EST
[ Parent ]

History is replete with massive screw-ups and incredible diplomatic triumphs, multilayered, multiphase strategies that worked --and failed, elaborate conspiracies that worked and hammer-crude muggings that failed totally. Otherwise, the story of humanity would be just another cheap daytime soap.

From my point of view, it's a lot better story than that.

"There is mysterious music in democracy, when people decide to believe in themselves." ---Bill Greider, The Nation.

by geezer in Paris (risico at wanadoo(flypoop)fr) on Fri Nov 30th, 2007 at 04:18:59 PM EST
[ Parent ]

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