Friday, April 01, 2005

Neo Cons Lose Control of Iraqi Oil by Bill Ridley

Aside from securing Iraqi oil fields, the neo conservative agenda had another specific objective in mind. After the successful invasion, the next order of business was to privatize Iraqi oil assets which would allow for the free flow of oil into the open market. The idea here was to crush OPEC’s strangle hold on world supplies and pricing by flooding the oil market with millions of barrels of excess capacity.

1 comment:

Anonymous said...

Verily the oil shall flow
'til the death knell and blow
that shall lay'th the Saudis low
t'will be Israeli nukes that make'th them glow
and that, lads, t'is the final show
the price paid for oil dependence and what we owe
-LDM

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