Iraq – the war for NO oil

February 2024 Forums General discussion Iraq – the war for NO oil

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    alanjjohnstone
    Keymaster

    We all know it was a war for the oil but this article adds a twist to the story. It as a war to keep Iraqi oil OFF the market to maintain high prices.

    http://www.washingtonsblog.com/2013/03/was-the-iraq-war-to-get-oil-or-to-keep-it-off-the-market.html

    " Oil men, whether James Baker or George Bush or Dick Cheney, are not in the business of producing oil. They are in the business of producing profits. And they’ve succeeded. Iraq, capable of producing six to 12 million barrels of oil a day, still exports well under its old OPEC quota of three million barrels. The result: As we mark the tenth anniversary of the invasion this month, we also mark the fifth year of crude at $100 a barrel."

    "The invasion was not about “blood for oil”, but something far more sinister: blood for no oil. War to keep supply tight and send prices skyward."

     

     

     

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