Yes out of the top "15" Muslim nations import 3947k barrels per day while non-muslims import 6074k barrels per day...However this is only the top 15... And the near future is a reality they are building the rigs now...

I think you need to do some more research, and just look at the projections for BP and the Gulf of Mexico....

Now in the whole world 80 million bbl/day are produced from non-muslim countries while 20 million bbl/day are produced by muslim countries (quick rushed calcs hence the rounding)...So roughly only a 1/4 of the worlds oil is produced by muslim nations...Again I rushed these calcs since I am on my lunch break...
Numbers Used
List of Muslim Countries

If you dont mind me asking what is your degree in?

My friend you should make better use of your lunch breaks.

And here's my calculation

June 2006 figures

CANADA 1,799
MEXICO 1,734
SAUDI ARABIA 1,549
VENEZUELA 1,008
NIGERIA 996
IRAQ 617
ANGOLA 525
ALGERIA 474
ECUADOR 282
RUSSIA 216
COLOMBIA 211
KUWAIT 201
UNITED KINGDOM 185
EQUATORIAL GUINEA 114
LIBYA 110
Total 10,021

Muslim countries
SAUDI ARABIA 1,549
IRAQ 617
ALGERIA 474
KUWAIT 201
LIBYA 110
Total from muslim countri 2,951

Percentage 29.45 i.e Roughly 30 %


Can i point out, this data is from your source

Anyways we are going a bit off track . The main point was that the charities have been cleared of any wrong doings.

Originally Posted by flanker

My friend you should make better use of your lunch breaks.

And here's my calculation

June 2006 figures

CANADA 1,799
MEXICO 1,734
SAUDI ARABIA 1,549
VENEZUELA 1,008
NIGERIA 996
IRAQ 617
ANGOLA 525
ALGERIA 474
ECUADOR 282
RUSSIA 216
COLOMBIA 211
KUWAIT 201
UNITED KINGDOM 185
EQUATORIAL GUINEA 114
LIBYA 110
Total 10,021

Muslim countries
SAUDI ARABIA 1,549
IRAQ 617
ALGERIA 474
KUWAIT 201
LIBYA 110
Total from muslim countri 2,951

Percentage 29.45 i.e Roughly 30 %


Can i point out, this data is from your source

Anyways we are going a bit off track . The main point was that the charities have been cleared of any wrong doings.

You ignored the first part of my post where I did this and agreed with you that from the TOP 15 it was roughly a 3rd....

Finally I took it further and used numbers calculating the ENTIRE WORLD daily production of crude oil...

But you ignored all of this reposted what I already did and well your post was pointless....

You also forgot a few muslim countries

Look the reality of the GUlf is coming more and more true...Talks now of 50% increase in production of crude oil....

http://hosted.ap.org/dynamic/stories...09-05-08-28-12

And as if that wasnt enough low and behold the possibilty of a place having more oil than the middle east....guess where it sits????

http://deseretnews.com/dn/view/0,1249,600125803,00.html

In the lovely US of A

That shale oil in utah isn't a very good alternative since it's expensive to convert to regular crude. Maybe in a decade they'll do something serious in that region, but the reason we're still importing oil from foreign countries it because it's cheaper than to start our production in shale. When you live in a free market economy, the bottom line is money.

flanker and Donkey, What an interesting argue! Here,another point I want to address is that the US's sticking at Middle-East is not just for its own oil. We know, many other big countries import the area's oil, such as China,its 50% import oil is from the area. Struggling to get more profits and control in Middel-east means the more strategic advatage for other countries at the same time.
Middle-East's oil is very sencitive for the US and also other countries. It can be understood easily when we see how drastical the reponse of the whole word is as OPEC discuss the oil price every time.

Originally Posted by WarMachine

That shale oil in utah isn't a very good alternative since it's expensive to convert to regular crude. Maybe in a decade they'll do something serious in that region, but the reason we're still importing oil from foreign countries it because it's cheaper than to start our production in shale. When you live in a free market economy, the bottom line is money.

You didn’t read the article or do any research of your own...For if you did you would find that with today’s prices of crude oil and the advancement in technology it makes it a viable alternative...

The reason we are still importing is kind of complex but I will give you an analogy with a video game...

Take an RTS like command and conquer, the way you win that game is setting up your base and protecting your resources with in your base while you go out and extract everyone else’s resources. The when they are all gone you start using yours….

I like to use another analogy which is the way you play civilization 4. You first start off with your territorial supplies of resources and then you expand, but you're not allowed to build on any resource outside of you territory. Once you have the proper technology you can start trading for it and then more technology will come along and some resources are obsolete.

So right now we don't have the technology that will make crude from foreign countries obsolete or even less necessary. You put that on top of the fact that barrel prices are always dropping or rising and you have a prospective market that's always a little shaky. If it was confirmed that 90 dollars a barrel would be in the forecast for years, then that shale would be mined. But since crude prices are dropping lately, people don't see the point of investing in those shale production since that could depress the cost of oil and the producers would end up not making a profit and close down.

That's why i said maybe in ten years when oil probably becomes more expensive and domestic resources are a safe bet. Montana was saying the same thing about how they had a lot of coal to convert into oil, but right now only alberta in canada is doing that.

Did you or do you read anything related to this, I say this because it doesnt seem like you have.

The oil market is such a joke I wish I had some of my friends jobs in the oil industry man do they make a boat load....fockers