This is interesting...
http://www.zmag.org/weblinks/kerr_endofoil.htmQUOTE
Mathew Simmons, CEO of Simmons and Co, a global energy investment bank knows it. Simmons was a member of Dick Cheney's Energy Task Force. "Without volume energy we have no sustainable water, we have no sustainable food, we now have no sustainable healthcare. What peaking does mean, in energy terms, is that once you've peaked, further growth in supply, is over… and the issue then, is the world's biggest serious question," he declared in April.
Former US Secretary of Sate James Baker III knows it. Strategic Energy Policy Challenges for the 21st Century was prepared by The James Baker III Institute for Public Policy and the Council on Foreign Relations, and presented to US Vice President Dick Cheney in April 2001. This report recommended a radical review of US policy towards Iraq. At the time the Baker report was written, the USA was purchasing on average 800,000 barrels of Iraqi oil per day, making Iraq America's # 6 supplier.
The Baker report notes that "a trend towards anti-Americanism could affect regional (Middle Eastern) leaders' ability to cooperate with the United States in the energy area," while further down noting Iraq's growing popularity in the Arab world "for 'standing up to the United States for ten years.'"
Baker recommended that "the United States should conduct an immediate policy review toward Iraq, including military, energy, economic and political diplomatic assessments," and "sanctions that target the regime's ability to maintain and acquire weapons of mass destruction." The goal of this policy review - "to eventually ease Iraqi oil field investment restrictions."
Its blatently obvious that Oil was the reason behind the Iraq war.
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Some super secret memos of Dick Cheney's Energy Task force were recently revealed by the US group Judicial Watch, in the midst of a lawsuit against Cheney for full disclosure. They contained oil maps of Iraq, Saudi Arabia, Iran and the UAE, and an accounting of oil production contracts.
It's common to say the Iraq war was 'all about oil,' but the true meaning of that statement is only revealed in world oil production trends.
Production in North America is already on the decline, while OPEC and Middle Eastern producers will be able to maintain their peak levels for several more years before their wells start to run dry. This will give OPEC, mostly Muslim states, growing economic and political power - the power to use the price of oil as a political weapon against the United States.
This is why America invaded Iraq, to break up the OPEC oi-cartel, stop them shifting to the Euro and ensure direct supplies of oil for the US economy.
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With this understanding of oil production trends, the seemingly insane actions of the Bush White House reveal a consistent, if desperate internal logic - the US ruling class embarks upon its strategy of global Empire out of desperation at its incredibly weak underlying position. American capitalists feel compelled to rule oil producing nations like Iraq, Saudi Arabia and Iran as direct colonies in order to stave off their own collapse. It's a strategy adopted by Imperial Rome, the British Empire, and others, but investments in Empire are also subject to the law of diminishing returns.
See my International Strategic Trends for more on this great conflict, but this is the key. Quite literally the world is seeing a Hobbseian clash for survival and thus the anti-American forces in Iraq
are fighting for their economic soverignity and political independance, since because of the great US needs, they are hardly likely to give the Iraqi people a genuine choice for democracy.
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Over time, the investment in Empire - soldiers, bombs, bureaucratic administration, prisons - required just to maintain the energy flow into the capitalist economy will exceed the net energy return on that investment, in fact such a point may come sooner than later. After the American attack on already devastated Iraqi oil infrastructure "Iraq is planning to export only 8 million barrels of oil in July a small fraction of its prewar output," according to the International Herald Tribune.
Factor in the effective loss of the number six US oil supplier (Iraq) with the staggering stupidity of a US Congress so in bed with big oil and big auto that it steadfastly refused to raise fuel efficiency for US cars this week - insisting instead on the patriotic waste of fuel - and one gets a glimpse into the American oil economy brain trust.
Again this concurs with my anaylsis of the state of international relations, soon the US economy will literally dry up of oil and this will be a catalyist for deep recession. a Russian strike on America and the meltdown of the severly sick US economy. I feel sorry for you Americans, it must be like looking at the geopolitical abyiss.