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Originally Posted by Neal Stevens
So, you are saying the war in Iraq isn't about getting cheap oil after all?
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Originally Posted by Skybird
when I said some months ago that I could imagine it crossing the 200$-mark, I did not imagine that it possibly would happen so fast.
For historic reference: oil price before the Iraq war: below 30 $US. highest oil price ever reached before 2003: around 36 $US.
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Taking your wording precisely, and not more and less than your wording above - I
never said that. I mentioned interests of corporations to become dominant players in Iraq, and a strategic interst of the US to be in vital control of the international distribution patterns of oil flow. Cheap oil I never mentioned, never, nowhere.
Before the war, the pil price was expected to be stable for the next 10-12 years at around 30-38 $US - and that already included factors like the growing demand for oil in India and China. But then came the Iraq war, and then came the speculators. the rest is history.
P.S. i also repeatedly said the Iraq war is counterproductive. when saiyng htat, of course the increased breeding of terrorist it prouced, and the alienation of other states and the international communitx and europe from the US were meant. but as we know today, regarding oil deals the Iraq war was counterproductive as well.