QUOTE(Anyone-but-bush @ Jan 20 2004, 07:51 AM)
Its not an argument its a fact we are in Iraq for the oil! And no GoAmerica its not funny in fact its sad

Name one other reason that we are there besides Oil
My friend you are giving us centre-left wingers a bad name. I will tell you, I have read all the conspiracy theories, about how its all about oil, about how its all about the oil ransaction standard and the value of the dollar, about how it is all about the privatisation of Iraq industry, and so on.
Now there is an enormous amount of privatisation of Iraq Industry going on, which is unfortunate and will cause problems in the long term, and I am sure the new government will very quickly make sure that it returns to the Oil transaction standard of the US dollar, after Hussein switched it to the Euro.
There are a dozen different ways that the US, either as a government or as individuals, are taking advantage of the situation for their own gain. But the question is, were these 'profits' the original excuse for the war? I think it is silly to assume that the war in Iraq is entirely about oil, a simple calculator will prove this.
Oil is currently valued at about 30$ per barrel. The US cost for the war, including reconstruction, is approaching 100 billion dollars. Thats about 3.4 billion barrels worth of oil. The entire US strategic oil reserve is only just under 600 million barrels. Considering that the Iraqi oil Industry is the only one that is not going to be privatised, the US cannot excersise direct coltrol over its clients or sales. Certainly a pro-US government in Iraq would favour the US, but unless Iraq drops the price of the oil it sells to the US (which it cannot do as a member of OPEC) then how exactly is the US supposed to recoup its costs? Best case is that Iraq now sells most of its oil to the US, but that just benefits Iraq, not the US which could have gotten its oil supplies elsewhere for the same price.
Unless the US attempts to manage direct control over Iraqi oil, such as have US industries take over the business, or have Iraq leave OPEC, there can be no real oil benefit to the US.
So rather than repeat "Its all about Oil" perhaps you could explain to me exactly WHAT about oil it is? Yes, the US dollar is slightly bolstered by Iraq returning to the US dollar as its oil currency standard, but the US cannot halt this change by invading people. Iran, Venezuela and Russia are all considering moving to the Euro as well, so the war cannot have been just about this.
In terms or privatisation of non-Oil Iraq industries, yes a lot of US companies will probably make a great deal of money in the short term off of these contracts, but do you really believe that the US would invade a country because the aftermath might give some financial benefit to some private sector industries? Better to spend a tenth of the 87 billion spent and just hand it out to these industries, much cheaper.
I have said several times, I think the Iraq was was about fear and lashing out. I think the administration was embarassed and hurt by the September 11th attacks, and by their inability to score any kind of tangible victory over Afganistan or Bin Laden. I think this offered a relatively easy way for the US to "score one for the good guys", in the absence of any other victories. The fact that Hussein was a genuinely bad guy made justifying it simple. They should have stuck with that rather than this silly WMD thing which has turned out to be at worst an outright lie, at best a serious exaggeration.