Remember when the last Iraq War began some were saying that it was all about oil……sorry but I agree with that assessment…..why? During the invasion a guard was dispatched to the oil ministry to be sire all was okay and yet the priceless artifacts in the Baghdad museum were not worth a thought……pretty much illustrates where the priorities fell……
When I heard about the deals that were being discussed for the Iraqi oil industry I said then that the people would suffer…..but instead of trying to outline my thinking here I will post the articles I wrote back in 2007 and 2008……
Source: Who Gets Iraq’s Oil? – In Saner Thought
Source: Big Oil To Return To Iraq – In Saner Thought
After reading those I will try to explain why I referenced them……you see I read a disturbing article about the Iraqi oil revenues…….
This article was originally published by Niqash. Where Are The Petrodollars? Kirkuk Oil Flowing Fast, But Locals Never See Any Money The province of Kirkuk exports millions of barrels of oil per month. But nobody knows where […]
Source: Kirkuk Oil Flowing, but Locals Never See Any Money | Iraq Business News
Okay we all agree that Saddam was a wanker and pretty much deserved what he got…..but after he nationalized the oil industry the revenues were used for all sorts of projects for the country……..
So where are the revenues going? Who is lining their pockets this time? This is why I am a supporter of the nationalization of the oil industry and the revenue used for the benefit of the country not for the pockets of the people that control the industry……. this country needs so much to repair the damage that politicians and constant warfare have done….if you want this country to “bounce” back then a new thought process is much needed….someone is taking the “cream” off the top of the revenue flow……who would be your guess?
As long as we are talking about oil……I read a good piece on how oil fuels authoritarianism in the world…..
Source: How the structure of global oil markets fuels authoritarianism and war – Vox
Maybe we need a new mantra…..”Oil is the root of all evil”……will it catch on?
Amazing how much damage oil can create…….but if it is not oil we will only find something else that will do the job, right?
Oil is merely another vector for the flow of money from one corporation to another. In truth, this issue will, if we have enough time, fix itself, for there is NOT an infinite supply of oil on the planet. Eventually, it will be all gone, for the purposes we now use it. However, before that would be a factor, other climactic and environmental/social issues will be coming to a head that will make it a moot issue… The economy and the atmosphere are in a race to see which one will collapse first, and that doesn’t factor in the melting permafrost all over the world, which can alter the oxygen content of the air….
Yep, oil, and arms, are merely vectors for the internecine war for dominance amongst the corporate oligarchists. Eventually, all of it will be of no import, for as Albert Einstein once noted:
“I know not what weapons will be used in WWIII, but, WWIV will be fought with sticks and stones.”
gigoid, the dubious
When the oil is gone so will be the foreign policy we have now…..I am looking at food or water as the next “resource” that will effect our foreign policy….chuq
Try ‘energy’…. something will have to be found to keep electricity flowing, and water is becoming rather an unreliable resource, since we can’t predict how the melting of the polar ice and permafrost will affect everything…. Solar power, wind power, any kind of energy production will be essential….
IF, and it’s a big if, we last that long….
gigoid
I believe the proper statement of the old mantra about money is “The LOVE of money is the root of all evil.” Money and oil are, in and of themselves, blessings to many who would suffer without either them or their effects on daily life.
May I add…
“An election is coming. Universal peace is declared and the foxes have a sincere interest in prolonging the lives of the poultry”:
T.S. Eliot
I love it