Thursday, March 01, 2007

Repeat after me... It was never about the oil. Yeah, Right, Whatever.

Remember we didn't go into this war for oil. Just because Bush, Cheney and half of the president's staff are oilmen had nothing to do with going to war. You know that American troops protected the Oil Ministry from chaos and looting, while the seat of government, priceless antiquties, and vast ammo dumps were left to fend for themselves. The reason was to maintain order, don't 'cha know? Why, we went to war to destroy those WMDs, er, uh, Saddam had nuclear weapons, er, ah, to spread democracy.

Remember we didn't go into this war for oil...

Simbaud at King of Zembla
On Monday, Prime Minister Nuri al-Maliki's cabinet in Baghdad approved the draft of the new Iraqi oil law. The government regards it as "a major national project". The key point of the law is that Iraq's immense oil wealth (115 billion barrels of proven reserves, third in the world after Saudi Arabia and Iran) will be under the iron rule of a fuzzy "Federal Oil and Gas Council" boasting "a panel of oil experts from inside and outside Iraq". That is, nothing less than predominantly US Big Oil executives.

[...]The law was in essence drafted, behind locked doors, by a US consulting firm hired by the Bush administration and then carefully retouched by Big Oil, the International Monetary Fund, former US deputy defense secretary Paul Wolfowitz' World Bank, and the United States Agency for International Development. It's virtually a US law (its original language is English, not Arabic) . . . .

Big Oil is obviously ecstatic - not only ExxonMobil, but also ConocoPhillips, Chevron, BP and Shell (which have collected invaluable info on two of Iraq's biggest oilfields), TotalFinaElf, Lukoil from Russia and the Chinese majors. Iraq has as many as 70 undeveloped fields - "small" ones hold a minimum of a billion barrels. As desert western Iraq has not even been exploited, reserves may reach 300 billion barrels - way more than Saudi Arabia. Gargantuan profits under the PSA arrangement are in a class by themselves. Iraqi oil costs only US$1 a barrel to extract. With a barrel worth $60 and up, happy days are here again.
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Wednesday, January 03, 2007

A Mythical View of Today From the Future

Rebecca Solnit writing in The Nation Blog has some questions for us all and especially Dubya.

Bush, the Accidental Empire Slayer

For a brief period, in the early years of that second decade of this chaotic century, a whole school of conspiracy theorists gained popularity by suggesting that Bush the Younger was actually the puppet of a left-wing plot to dismantle the global "hyperpower" of that moment. They pointed to the Trotskyist origins of the "neoconservatives," whose mad dreams had so clearly sunk the American empire in Iraq and Afghanistan, as part of their proof. They claimed that Bush's advisers consciously plotted to devastate the most powerful military on the planet, near collapse even before it was torn apart by the unexpected Officer Defection Movement, which burst into existence in 2009, followed by the next year's anti-draft riots in New York and elsewhere.

The Bush Administration's mismanagement of the US economy, while debt piled up, so obviously spelled the end of the era of American prosperity and power that some explanation, no matter how absurd, was called for--and for a while embraced. The long view from our own moment makes it clearer that Bush was simply one of the last dinosaurs of that imperial era, doing a remarkably efficient job of dragging down what was already doomed. If you're like most historians of our quarter-century moment, then you're less interested in the obvious--why it all fell--than in discovering the earliest hints of the mammalian alternatives springing up so vigorously with so little attention in those years.

Without benefit of conspiracy, what Bush the Younger really prompted (however blindly) was the beginning of a decentralization policy in the North American states. During the eight years of his tenure, dissident locales started to develop what later would become full-fledged independent policies on everything from queer rights and the environment to foreign relations and the notorious USA Patriot Act. For example, as early as 2004, several states, led by California, began setting their own automobile emissions standards in an attempt to address the already evident effects of climate change so studiously ignored in Washington.

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