Future of Iraq: The spoils of war

[bb_matt]

Blood and oil: How the West will profit from Iraq's most precious commodity
The 'IoS' today reveals a draft for a new law that would give Western oil companies a massive share in the third largest reserves in the world. To the victors, the oil? That is how some experts view this unprecedented arrangement with a major Middle East oil producer that guarantees investors huge profits for the next 30 years
Published: 07 January 2007
Source: http://news.independent.co.uk/world/middle_east/article2132569.ece

I'd like to say my theories about the invasion are vindicated, but the simple fact is, they were such an totally obvious reason for invasion any person with half a thinking brain reached the same conclusion at the time. It isn't exactly rocket science.

What is sad, is how many people still hold onto the deluded belief that the invasion of Iraq was done for "humanitarian" reasons. Scary that people can be so damn naive.

So, oil WAS one of the main reasons for the war in the long run.

Here's some quotes from the article for those who have interest (and can read more than one sentence in a sitting)

It would give big oil companies such as BP, Shell and Exxon 30-year contracts to extract Iraqi crude and allow the first large-scale operation of foreign oil interests in the country since the industry was nationalised in 1972.

... Vice-President Cheney... "So where is the oil going to come from?... The Middle East, with two-thirds of the world's oil and the lowest cost, is still where the prize ultimately lies," he said.

... Colin Powell ... "It cost a great deal of money to prosecute this war. But the oil of the Iraqi people belongs to the Iraqi people; it is their wealth, it will be used for their benefit. So we did not do it for oil."

... allowing oil companies to take up to 75 per cent of the profits will last until they have recouped initial drilling costs. ... that is twice the industry average for such deals.

 

[d0b33]

All your oil are belong to us...

wonder what newsflash and the rest will say about this

 

[bb_matt]

It doesn't matter what any of us say

It's speculation, but fairly accurate speculation all the same.

History shows us that there is nothing new about this chain of events in terms of "the spoils of war", so it's a wonder why people are constantly either in denial or suprised when it happens.

It's almost as if they'd prefer to "wipe the slate clean" of anything that went before.

What is important to remember, is exactly how this could impact life in the west. One argument would be that if it makes western nations stronger, richer, more secure and less dependent then great, if you happen to be living there and have either "selective" conscience or little to none.

Lets face it, the wealth of the west has been built upon actions such as Iraq - there's nothing new here. The wealth of Rome was built by conquest.

Pax Americana.