On 9/25/2010 10:13 PM, Jordan Hayes wrote:
> SA writes:
>
>> anyone who produces oil can conceivably hold access to oil against
>> the US in a power-play.
>
> Not if they aren't big enough to make it stick: oil is a global
> market. Fomenting strife in the Middle East is for-sure part of that
> package. That's the whole point of taking that power away from a
> united OPEC. If Saddam's your boy, he can be counted on to step up
> production when you need it. Or even just the threat of it is
> useful. That's the policy goal: having someone who isn't Saudi Arabia
> be big enough to upset the apple cart. It was supposed to be Iran,
> then not; Iraq was the only one left. And still is.
I see. So you mean their goal is to have someone in place who would be ready to step up oil sales in the event of a hypothetical anti-Western embargo. (Right?)
That's a new one on me - but at least it's a coherent theory.
SA