Oil and the Falklands - the Saga Continues

Like some dimly remembered Gilbert and Sullivan operetta, pitting Hardy British tars against perfidious foreigners, the Falklands periodically recycles into the gaze of bemused international observers every decade or so.

Since the brief 1982 war between Argentina and Britain, the issue of sovereignty of the Falklands has lurked beneath the internationals diplomatic surface, an irritant but hardly threatening to reignite a new round of hostilities. Three decades on from that unfortunate confrontation the issue of the Falklands is again roiling Argentinean-British relations over the possibility that the archipelago contains beneath its surrounding waters something of value - oil.

British oil group Rockhopper Exploration has unveiled optimistic plans for a $2 billion oil infrastructure investment in the Falkland Islands announcing on 14 September that it expected to start pumping oil in 2016 from its four licensed Sea Lion concessions totaling 1,500 square miles, with a projected production rate of roughly 120,000 barrels of oil per day by 2018. Rockhopper Exploration said the fifth well in the Sea Lion complex "had found a high quality reservoir package and oil column." Full article at: Oil and the Falklands - the Saga Continues

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Sovereignty is joke First Falklands war about oil British want cheap oil

No one cares about justice, least of all Europe

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Let us not forget that 99% of the population of the Falklands are pretty much British, and they don't want to become Argentines.

Wall Street leaders now understand that they made a mistake, one born of their innocent and trusting nature. They trusted ordinary Americans to behave more responsibly than they themselves ever would, and these ordinary Americans betrayed their trust.
 
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Notable facts:

When Britain claimed the Falkland Islands, it was uninhabited, and noone had a clue that oil could be used the way it would become.

The Argentine Claim to it is based on proximity. If we're going down that route, I'm claiming France.

How about historical basis, Argentina controlled it (briefly) back in the mid 1800's. Don't start me on what we owned back then....

We might want it now for the oil, but thats part of the territory. It's given us absolutely nothing for 300 years, and now we find oil. Just because whatever commodity that is near it fetches a good price, doesnt entitle some socialist prick to claim it.

P.S. Americans accusing the brits of having a territory for the oil. Trololololololol.

 
trazer985P.S. Americans accusing the brits of having a territory for the oil. Trololololololol.
....oh, don't worry, I give America plenty of shit for selectively "spreading democracy"
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