....the middle East, particularly Iraq and Iran, since they seem to be the focal point for possible military attack by the United States in the not
too distant future.
- February 28, 2002
"Dwindling global supplies of conventional oil, slow development and acceptance of alternative forms of energy, high costs needed to tap into
unconventional sources and instability on the geopolitical front that will ensure that energy wars remain at the forefront well into the 21st
Energy wars! editorial
Without argument, we can all accept the following facts:
- The threat that Saddam posed was largley overestimated/exaggerated
during the build up to the war in the Iraq.
- Iraq sits atop the world’s second-largest reserves of oil — a resource that translates into hundreds of billions of dollars and enormous
-There is a clear connection between the Bush administration and the energy industry. Many of Bush's cabinet, just like himself, were picked out of
the oil industry.
Open secrets.org - Bush administration corporate connections
- The U.S now has more power and military potential in the middle east region.
So why such a struggle for many to believe the connection between the war in Iraq and oil supplies. It is a fact that America's oil supplies are
starting to get smaller, as most countries will soon find. Is the new drive into the middle east just the beginning of the 'energy wars' that some
geologists and theorists are predicting? Is it not a question of America actully using the oil but a question of controlling the oil.
About Iraq and oil, from Bush:
It is not a factor,” President Bush’s press secretary, Ari Fleischer, said last month. “This is about preserving the peace and saving the lives of
"U.S. oil deposits are increasingly depleted and by 2025, U.S. oil imports will account for perhaps 70 percent of total domestic demand. It needs
to control the world's reserves -- and don't tell me that the United States would have invaded Iraq if its chief export was beetroot -- and it now
has control of perhaps 25 percent of the world's reserves.
Independant article: Us can't hide concern for Iraq's Oil
Overview of Iraq:
112 billion barrels, second only to Saudi Arabia or Canada in the world.
There are also many unexplored areas in Iraq due to years of war and sanctions, there could be much much more oil; potentialy 100 billion more
110 trillion cubic feet of natural gas is also estimated to be there.
An estimate of Iraqs oil prodcution abilities is around 2.8 - 2.9 million barrels per day. The production cost in Iraq is also one of the lowest in
In the time of Saddam only 15 of 73 known fields were being developed.
"It was not until the air war began in January of 1991, and images of its destruction flashed around the world, that oil markets immediately
calmed and prices fell by $7 to $8 a barrel"
"I think we definitely learned something last time," says Emerson. "We learned that the market gets spooked by uncertainty, and when you have a
certain resolution, whether it's diplomatic or military, there is a little bit of relaxation of the uncertainty and that allows the market to come
Prices before the war were getting high, March 2003 had the highest recorded price in America. Possibly Bush hoped that the war would calm the
people's fears after 9/11 and help the oil prices become steady once again in time for elections.
ABC news.com: In Iraq to the victor goes the oil
The highest nationwide average price ever recorded by AAA was $1.73 and .7 of a cent a gallon, reached Aug. 30, 2003.
Obviously, opening the large amounts of oil trapped inside Iraq will certainly help the economy of any indistrialised, western nation. Bush, with all
his advisors from the industry in his cabinet will surely know this. I wonder if the corporate sponsors of the Republican party that are in the oil
business (there are many including Exxon mobil www.stopesso.com
) will be donating kindly this election year?
"the American undersecretary of commerce, Grant Aldonas, told a business forum hungry for good economic news that a war in Iraq “would open up
this spigot on Iraqi oil, which certainly would have a profound effect in terms of the performance of the world economy for those countries that are
manufacturers and oil consumers.
It's possible that Saddam's decision to change from the dollar to the euro in 2000 that made regime change so important to the United States. When
Iran threatened to do the same, it was added to the "axis of evil." The defense of the dollar may be almost as important as oil.
The Euro Factor In Iraq War?
"Given this situation, It makes perfect sense for an Administration buoyed up by its lightening military success in Afghanistan, to see if it's
military power can be used to restore American control over two key countries where it's economic rivals might gain an oil foothold -- namely, two
members of the "axis of evil," Iraq and Iran.
Other countries like France and Russia are interested in Iraq's oil, especially seeing as Iraq owed them so much money. Now America holds the key to
the door of all that wealth.
Iraq, in this view, is a strategic prize of unparalleled importance. Unlike the oil beneath Alaska's frozen tundra, locked away in the steppes of
central Asia, or buried under stormy seas, Iraq's crude is readily accessible and, at less than $1.50 a barrel, some of the cheapest in the world to
produce. Already, over the past several months, Western companies have been meeting with Iraqi exiles to try to stake a claim to that bonanza.
But while the companies hope to cash in on an American-controlled Iraq, the push to remove Saddam Hussein hasn't been driven by oil executives, many
of whom are worried about the consequences of war. Nor are Vice President Cheney and President Bush, both former oilmen, looking at the Gulf simply
for the profits that can be earned there. The administration is thinking bigger, much bigger, than that.
"Controlling Iraq is about oil as power, rather than oil as fuel," says Michael Klare, professor of peace and world security studies at Hampshire
College and author of Resource Wars. "Control over the Persian Gulf translates into control over Europe, Japan, and China. It's having our hand on
Ever since the oil shocks of the 1970s, the United States has steadily been accumulating military muscle in the Gulf by building bases, selling
weaponry, and forging military partnerships. Now, it is poised to consolidate its might in a place that will be a fulcrum of the world's balance of
power for decades to come.
'The thrity year itch: looking at America oil interests
Does anyone feel we are starting to see the next struggle that will face humankind? As the oil starts to run out we all know what will happen: there
will be no research into an alternative solution and the world will plung into chaos as world powers fight over the oil that is left. In the grand
scheme of things do you think we are seeing the first move?
"The latest measurements, taken a week ago, showed that carbon dioxide had reached about 379 parts per million (ppm), up from about 376ppm the
year before, from 373ppm in 2002 and about 371ppm in 2001. These represent three of the four biggest increases on record (the other was in 1998),
creating an unprecedented sequence."
Why not force our leaders to stop wasting lives and actually start to use military power to help instead of playing 'who can control the oil'
with the other major western nations. For me it is pretty clear what is happening. Why not try and find better ways to do things. Israel has some 200
atomic bombs and its own active biological and chemical weapons program for example, just one of the countries that pose a much larger threat than
Iraq ever did. Yet the U.S will not do anything about countries like the Congo where millions are dying, ask yourself why we went into Iraq, keep all
this in mind. Bush has he eyes set on the prize.
"The US wants to see increased global supply in order to push prices down so that gasoline prices will also fall for American drivers as they head
into the North American summer and an election beyond that."
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