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Message: Entry: Two Reviews; One Conclusion Link: http://www.takimag.com/blogs/article/two_reviews_one_conclusion#8336 Post contents: Oil is nearing a record price, in part because the US dollar is falling like a rock in the pond. But also because of concern over the geo-political situation in the Middle East. The result is that states hated by the Neocons, such as the Saudis are getting rich, along with Iran and Russia. Perhaps the Neocons thought they would gain control over all that oil in Iraq, but if so they sure were stupid. It was obvious from before the war began that the US could've gotten more oil cheaper just by buying it and even letting the sanctions on Iraq expire. Note also that the US is not going to be able to sustain its position in Iraq. If in future Iraq remains united, it will be under a strong man who won't want the US there. If Iraq breaks up its possible that the US could retain some influence in the Kurdish region, but even that is not likely with the problems with Turkey. So it will be someone else who ends up controlling Iraq's oil, not the USA or its companies. If the goal was getting their hands on Mideast oil, this was the dumbest plan to get that end ever. Thus, the oil aspect was secondary and not thought out well at all. Sent at: 2008 07 23