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Environment & Energy
Related: About this forumExxon Explores 'Very Promising' Oil And Gas Fields In Afghanistan
http://www.businessinsider.com/this-energy-company-hopes-to-find-oil-in-afghanistan-2012-9KABUL/SINGAPORE (Reuters) - More top-tier energy companies are likely to join the race to explore for oil and gas in Afghanistan after the world's biggest publicly traded firm, Exxon Mobil, changed perceptions of what the country may hold by showing interest in drilling.
Energy majors are exploring new frontiers in pursuit of fresh reserves as they exhaust existing fields and Afghanistan, after decades of conflict, remains little explored.
While the U.S. government estimates the country holds a fraction of the reserves of surrounding giant Middle East producers, its potential is enough to attract Exxon Mobil and that factor, by itself, is likely to lure more.
Kabul, which has long depended on international donations to finance its economy, now hopes revenue from raw materials will help the country stand alone, especially as an impending pullout of most foreign troops by the end of 2014 is creating donor fatigue.
Read more: http://www.businessinsider.com/this-energy-company-hopes-to-find-oil-in-afghanistan-2012-9#ixzz25n5Q1sVl
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Exxon Explores 'Very Promising' Oil And Gas Fields In Afghanistan (Original Post)
xchrom
Sep 2012
OP
postulater
(5,075 posts)1. That's what it was all about in the first place.
CrispyQ
(36,226 posts)2. Jon Stewart's "Ore on Terror" where he knocks it out of the ball park:
"You've got tons and tons of incredibly valuable resources buried beneath your surface.... You will never not know war."
http://www.dailykos.com/story/2010/06/16/876511/-Jon-Stewart-on-minerals-discovery-Afghans-you-re-screwed
It really is one of his best!
LiberalEsto
(22,845 posts)3. Nice to know our soldiers are dying for Exxon
Nihil
(13,508 posts)4. The last time that they didn't die for corporate profits was probably 1776 ...
... and even then there are question marks ...
dixiegrrrrl
(60,010 posts)5. Britain wanted to hold onto the colonies because of "corporate profits".
Not that we were taught that in school.
I should have said "the last time they didn't die to improve corporate profits"
as they've been defending them ever since.