Doug Henwood wrote:
> On Dec 14, 2009, at 3:03 PM, C. G. Estabrook wrote:
>
>> These were remarks from no more than five years ago and were clearly
>> meant to describe the current situation (as the reference to renewable
>> energy suggests).
>
> The "profits beyond the dreams of avarice" and "stupendous source of
> strategic power" quotes come from the late 1940s or early 1950s. He
> quotes them all the time. And to say that the U.S. would have the same
> interest in the Middle East if we converted to renewable energy seems
> almost parodically rigid.
>
>> "That U.S. oil companies did rather poorly in the recent round of
>> auctions in Iraq" -- even if that should remain the case -- doesn't
>> say much about his central affirmation, that "the critical issue is
>> control, not access."
>
> How does the U.S. "control" Middle Eastern oil? As I've said here a
> million times, if it wanted to shut off supplies to, say, China, it'd be
> much easier to blockade China than try to exercise "control" of the
> Persian Gulf. There's no button in Baghdad or Riyadh that can shut off
> the flow to China. And trying to shut down ME oil would throw the world
> economy into a tailspin.
>
> Doug
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