Wednesday, July 14, 2010

Got Resources?

Afghanistan does.

This, from wikipedia...

According to the U.S. Geological Survey and the Afghan Ministry of Mines and Industry, Afghanistan may be possessing up to 36 trillion cubic feet of natural gas, 3.6 billion barrels of petroleum and up to 1,325 million barrels of natural gas liquids. This could mark the turning point in Afghanistan's reconstruction efforts. Energy exports could generate the revenue that Afghan officials need to modernize the country's infrastructure and expand economic opportunities for the beleaguered and fractious population. Other recent reports show that the country has huge amounts of gold, copper, coal, iron ore and "other minerals." (Among them,  lithium.)

In 2010, U.S. Pentagon officials along with American geologists revealed the discovery of nearly $1 trillion in untapped mineral deposits in Afghanistan. Afghan officials assert that "this will become the backbone of the Afghan economy" and a memo from the Pentagon stated that Afghanistan could become the "Saudi Arabia of lithium". Some believe, including Afghan President Hamid Karzai, that the untapped minerals could be as high as $3 trillion. The government of Afghanistan is preparing deals to extract its copper and iron reserves, which will earn billions of dollars in royalties and taxes every year for the next 100 years.

Billions of dollars in royalties for whom?

Let's not forget that Chile's government was covertly overthrown by the US in 1973 (on September 11th, no less). Also subject to decades of US intervention is Bolivia, another country rich in natural gas and estimated to have 50%-70% of the world's lithium.

Enjoy your batteries. They're paid for in blood.