Monday, March 8, 2010

Oil scarcity


Oil is a substance very valuable, because it has differents uses and can derivate a long variety of products that serve the most common needs, like gas, for example. But, as we know, oil has a limit on our planet, an every day the price of oil is more valuable, because even if we haven't discovered all the capacity of oil that our planet, because oil is scarce on our planet, people is trying to get more of this resource in order to satisfy different needs and sell it in the market.

But when we talk about oil and its importance, we should try to investigate how countries are intending to get it and what's at risk in this kind of ways. Because of the price value of oil, and the scarcity of it, countries are now more interested and becoming owner of different settlements destinated to oil production and new spots of oil descovery, but how are countries willing to do in order to obtain it?

Well, we have some examples, like the most common nowadays. The USA invaded the Afganistán and then Iraq, because of the attacks in New York City, and the treat of terrorists groups who are trying to create a chaos because of their purposes. But let's not forget that USA has an interest in oil. An article said that: "President Bush's Cabinet agreed in April 2001 that Iraq a destabilising influence to the flow to oil to international markets from the Midlle East and because this is an unnacceptable risk to the US, military intervention is neccessary".

So countries are willing to create new conflicts that could have collateral damages on others, just to get oil and other resourses, we should work together as a planet rather than fighting to get more resourses than others, when is being powerful more important than to live better ?

1 comment:

Anonymous said...

A very pertinent topic to raise, and certainly the Iraq war does highlight the strategic importance of oil as a resource that is prized because of its necessity as well as scarcity.