July 13, 2006
THANKS, BILL:
Turkey inaugurates oil pipeline, bypassing Russia, Mideast (LOUIS MEIXLER, 7/13/06, The Associated Press)
Almost a decade ago, U.S. President Clinton threw his weight behind a multibillion-dollar pipeline designed to bring the oil riches of the Caspian Sea to the West, bypassing Russia and tapping a source of crude outside the unstable Middle East. [...]"No one would have thought that when oil reached Ceyhan it would be $75 a barrel," said Suat Kiniklioglu, director of the German Marshall Fund of the United States' Ankara office. "It's a huge success."
The pipeline was part of a U.S. strategy to diversify the sources and flow of oil imports, cutting the risk to consumers that any shock would affect oil supplies, sending prices higher.
It began pumping late last month and some 430,000 barrels of oil are flowing each day, said Norman Rodda, construction manager for the Turkish section of the pipeline.
Just in case you thought the Axis of Good was anything new.... Posted by Orrin Judd at July 13, 2006 7:49 AM
Does this have anything to do with the sinister Cheney-Halliburton-Unocal pipeline that the left swears was the real reason we invaded Afghanistan. If so, then the conspiracy theorists can really get suspicious of Bill (and the Hillary! '08 campaign) being just another part of Cheney's evil cabal that is stealing oil by using the blood of American soldiers.
Posted by: John at July 13, 2006 3:21 PM