Well, can you put water in your car and drive off? Iraq was a threat to the entire Persian Gulf. Just look at what just the threat of closing the Suez Canal does to the oil market!!!SEE THAT,
THE LIBERALS WERE RIGHT!
ALL ABOUT OIL.
Secret U.S. Plans For Iraq's Oil /
17 March 2005 / http://tinyurl.com/53l3r
BBC- The Bush administration made plans for war and for Iraq's oil before the 9/11 attacks sparking a policy battle between neo-cons and Big Oil, BBC's Newsnight has revealed.
Two years ago today - when President George Bush announced US, British and Allied forces would begin to bomb Baghdad - protestors claimed the US had a secret plan for Iraq's oil once Saddam had been conquered.
In fact there were two conflicting plans, setting off a hidden policy war between neo-conservatives at the Pentagon, on one side, versus a combination of "Big Oil" executives and US State Department "pragmatists."
"Big Oil" appears to have won. The latest plan, obtained by Newsnight from the US State Department was, we learned, drafted with the help of American oil industry consultants.
Insiders told Newsnight that planning began "within weeks" of Bush's first taking office in 2001, long before the September 11th attack on the US.
Bush's Petro-Cartel Almost Has Iraq's Oil ( Part One )
Even as Iraq verges on splintering into a sectarian civil war, four big oil companies are on the verge of locking up its massive, profitable reserves, known to everyone in the petroleum industry as "the prize." October 16, 2006 / http://tinyurl.com/7w7hgy
Iraq is sitting on a mother lode of some of the lightest, sweetest, most profitable crude oil on earth, and the rules that will determine who will control it and on what terms are about to be set.
The Iraqi government faces a December deadline, imposed by the world's wealthiest countries, to complete its final oil law. Industry analysts expect that the result will be a radical departure from the laws governing the country's oil-rich neighbors, giving foreign multinationals a much higher rate of return than with other major oil producers and locking in their control over what George Bush called Iraq's "patrimony" for decades, regardless of what kind of policies future elected governments might want to pursue.
Bush's Petro-Cartel Almost Has Iraq's Oil (Part Two)
The Bush administration has co-opted the compassionate language of debt relief to ensure that Big Oil gets its way in Iraq.
October 16, 2006 / http://tinyurl.com/lrqu98f
With 140,000 U.S. troops on the ground, the largest U.S. embassy in the world sequestered in Baghdad's fortified "Green Zone" and an economy designed by a consulting firm in McLean, Va., post-invasion Iraq was well on its way to becoming a bonanza for foreign investors.
But Big Oil had its sights set on a specific arrangement -- the lucrative production sharing agreements that lock in multinationals' control for long terms and are virtually unheard of in countries as rich in easily accessible oil as Iraq.
The occupation authorities would have to steer an ostensibly sovereign government to the outcome they desired, and they'd have to overcome any resistance that they encountered from the fiercely independent and understandably wary Iraqis along the way. Finally, they'd have to make sure that the Anglo-American firms were well-positioned to win the lion's share of the choicest contracts.
Why did Saudi Arabia build an oil pipeline that goes through the Golan Heights and into Lebanon for? They were afraid that if the Persian Gulf was closed, or the Suez Canal, their oil could not be delivered.
And that is just one more reason why we should complete the Keystone Pipeline!!!