63. THE IRAQ WAR IS NOT A WAR FOR OIL
Personally, I'm sick of all this "oil war" and "resource war" hype. A bona fide oil war is one where you go in, wage war on the people who currently possess the oil and take physical possession of the oil. The U.S. is not currently involved in any oil wars. In fact, I'm laughing my butt off about Uzbekistan asking the U.S. to leave. I guess the shock and awe U.S. "oil offensive" in Central Asia got turned back by a brutal Uzbek counteroffensive, in the form of a letter to the U.S. embassy. Quite a genteel war we've got going on here people.
Of course, as a dutiful member of the hype patrol, Savinar responds to the above comments with a typical non sequitor:
Matt Savinar wrote:
I guess you haven't seee these:
This too is just another diaper load of hype. Here's a simple question: How many Iraqi oil fields, and how many barrels of Iraqi reserves, does the U.S. now own as a result of the Iraq war? I'll tell you: zero and zero. "Iraqi oil belongs to the people of Iraq."
It's not a real pirate raid if you don't come back with the BOOTY.
In response to the above, Savinar writes:
Matt Savinar wrote:
What was Iraqi oil being sold in prior to the US invasion? What is it sold in now?
Are you too unsophisticated to understand modern economics?
To which, I reply: Who cares? The Americans are still purchasing it like a bunch of wimps, not taking it like warriors. At worst, the Iraq War was a war for financial arrangements, not a war for oil. In a real war for oil, they wouldn't devote a second of thought to financial arrangements. They would just kill everybody and take the oil. When that happens, I'll call it a war for oil. Iraq is no war for oil.
EIA stats (pdf) show: in the 4 years prior to the start of the Iraq War, the US imported roughly 600,000 barrels/day from Iraq. In the last 12 months, the US has imported roughly 600,000 barrels/day from Iraq, and they paid for it. Oil-wise, they are in exactly the same position after the war as they were before the war. They didn't get any oil out of it, so how could it be a war for oil?
One more point: The U.S. is desperate to get out of Iraq. It is hemorhaging money, and the war is becoming increasingly unpopular. U.S. forces will be leaving shortly, so what are Savinar, Ruppert and the rest of the hype patrol going to say then? If the intent of the operation was to seize oil, why didn't they seize any oil, and why are they desperate to pull out? What are they going to do? Retire all their forces and then go back in again, spend another $200 billion and do it right the second time around?
No troops died for oil in Iraq, due to the simple plain fact that the U.S. obtained no oil as a result of the Iraq war. The U.S. has spent about $200 billion dollars on the Iraq War since it began in March 2003. Since then, it has purchased about 470 million barrels of oil from Iraq. The value of that oil (estimating with a price per barrel of $50) is about $24 billion.
EROEI of the Iraq War = ($24 billion)/($200 billion) = 0.12