Pipe Dreams
North Korea dreams of oil-funded security
December 6, 2005
Emma Graham-Harrison
BEIJING: Its capital Pyongyang lies nearly dark at night for lack of power, but North Korea could be sitting on enough oil to revive its moribund economy and fuel Chinese-style reforms, analysts and geologists say.
The only event that will ever "revive" North Korea's "moribund economy" is the destruction of the D.P.R.K...
Years of isolation, which have earned it the nickname the "Hermit Kingdom", mean most of its potentially oil-bearing areas are virtually unexplored. And where crude has been found almost no attempts have been made at commercial recovery.
As North Korea is an ass-backwards country.
Estimates of how much lies pooled below its soil and seas range from nothing at all to more than the reserves of some members of the Organisation of the Petroleum Exporting Countries (Opec). Geez. Broad enough?
With Pyongyang feuding with Washington over its nuclear weapons programmes, decades behind the rest of the world in oil exploitation technology, and barely able to feed its population, chances of firming the figures or extracting any oil seem slim.
The fact that North Koreans do not live in a free society, as I do, and thus do not have opportunity to do what I do... Is an evil beyond dimensions.
December 6, 2005
Emma Graham-Harrison
BEIJING: Its capital Pyongyang lies nearly dark at night for lack of power, but North Korea could be sitting on enough oil to revive its moribund economy and fuel Chinese-style reforms, analysts and geologists say.
The only event that will ever "revive" North Korea's "moribund economy" is the destruction of the D.P.R.K...
Years of isolation, which have earned it the nickname the "Hermit Kingdom", mean most of its potentially oil-bearing areas are virtually unexplored. And where crude has been found almost no attempts have been made at commercial recovery.
As North Korea is an ass-backwards country.
Estimates of how much lies pooled below its soil and seas range from nothing at all to more than the reserves of some members of the Organisation of the Petroleum Exporting Countries (Opec). Geez. Broad enough?
With Pyongyang feuding with Washington over its nuclear weapons programmes, decades behind the rest of the world in oil exploitation technology, and barely able to feed its population, chances of firming the figures or extracting any oil seem slim.
The fact that North Koreans do not live in a free society, as I do, and thus do not have opportunity to do what I do... Is an evil beyond dimensions.
posted by KnightofGoodMrIronMan at 5:18 PM
5 Comments:
i doubt it- north korea has no oil compared to iraq, iran etc. that's probably why it hasn't been invaded.
cymru...
When will the Americans be invading the image before us???
Blood-For-Oil is an definitivly more humane policy than Oil-For-Food...
"Blood-For-Oil is an definitivly more humane policy than Oil-For-Food... "
lol. i assume you are joking!
"...or it could be the fact they have nuclear weapons. Another reason why the invasion of Iraq was so important and the prevention of Iran in obtaining them becomes the most serious issue in the geo-political sphere right now."
if this was true, then what happened to any invasion while they were developing the nukes? there are so many holes in american foreign policy.
It seems to be alot of speculations and unknowns. Until more information comes up I would call this another one Kim's wild fantasies.
ah. one of those "unknown unknowns" then ;p
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