Greg Palast says Bush invaded iraq to REDUCE SUPPLY OF OIL



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Topic: Politics > Politics-USA
User: "laura bush - VEHICULAR HOMICIDE"
Date: 22 Mar 2006 07:55:50 PM
Object: Greg Palast says Bush invaded iraq to REDUCE SUPPLY OF OIL
http://www.rense.com/general70/pp.htm
(snip)
There you have it. Yes, Bush went in for the oil -- not to get MORE of
Iraq's oil, but to prevent Iraq producing TOO MUCH of it.
You must keep in mind who paid for George's ranch and *****'s bunker:
Big Oil. And Big Oil -- and their buck-buddies, the Saudis -- don't
make money from pumping more oil, but from pumping LESS of it. The
lower the supply, the higher the price.
It's Economics 101. The oil industry is run by a cartel, OPEC, and
what economists call an "oligopoly" -- a tiny handful of operators who
make more money when there's less oil, not more of it. So, every time
the "insurgents" blow up a pipeline in Basra, every time Mad Mahmoud
in Tehran threatens to cut supply, the price of oil leaps. And *****
and George just LOVE it.
***** and George didn't want more oil from Iraq, they wanted less. I
know some of you, no matter what I write, insist that our President
and his Veep are on the hunt for more crude so you can cheaply fill
your family Hummer; that somehow, these two oil-patch babies are
concerned that the price of gas in the USA is bumping up to $3 a
gallon.
No so, gentle souls. Three bucks a gallon in the States (and a quid a
litre in Britain) means colossal profits for Big Oil, and that makes
*****'s ticker go pitty-pat with joy. The top oily-gopolists, the five
largest oil companies, pulled in $113 billion in profit in 2005 --
compared to a piddly $34 billion in 2002 before Operation Iraqi
Liberation. In other words, it's been a good war for Big Oil.
As per Plan Bush, Bahr Al-Ulum became Iraq's occupation oil minister;
the conquered nation "enhanced its relationship with OPEC;" and the
price of oil, from Clinton peace-time to Bush war-time, shot up 317%.
In other words, on the third anniversary of invasion, we can say the
attack and occupation is, indeed, a Mission Accomplished. However, it
wasn't America's mission, nor the Iraqis'. It was a Mission
Accomplished for OPEC and Big Oil.
---------------------------------------------------------------
It's certainly worked out this way - oil thru the roof.
.


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