by Mircea » Fri 20 Jul 2007, 14:01:15
$this->bbcode_second_pass_quote('ClassicSpiderman', 'O')ne of the criticisms of US foreign policy in the Middle East is that the US government spends hundreds of billions of dollars a year to maintain a military presence there which can be seen as an energy subsidy (that protects the energy supply and allows oil companies to modernize oil extraction in Iraq). The huge US naval presence in the Straits of Hormuz is classic gunboat diplomacy aimed directly at Iran.
You don't understand US Middle East Policy.
In the first place, Iraq
was modernizing its oil extraction prior to the war, it just wasn't doing it with US or British oil and oil service companies. In other words, Halliburton and the US/UK oil companies weren't getting a piece of the pie.
In the second place, not only was Iraq modernizing its oil extraction, it was preparing to award bids to dozens of
foreign oil and oil service companies to explore and develop oil in nine geologic tracts running from the Persian Gulf to the Syrian border. However, Iraq would not accept bids from US or British oil companies, although two unknown British oil service companies did make bids. However, again, Halliburton and the US/UK oil companies weren't getting a piece of the pie.
I posted a map of the 9 geologic tracts and a 4 page list of all the companies bidding. Those documents were obtained by court order under the Freedom of Information Act by another party.
Third, the US military presence in the Middle East is not intended to protect oil, it's there to gain access to Central Asia. This might come as a suprise to you, but Central Asia is land-locked. Access is limited. You can't exactly load oil and natural gas on to planes and fly it out of Central Asia. The US has to gain control of the countries that border the Central Asian states, so that it can run pipelines through them.
Fourth, Iran wouldn't cut off oil supplies to the world any more than the US would out-law sports and sporting events. The bulk of Iran's revenues are from the sale of oil and natural gas, not the sale of Persian rugs and plastic statues of Persiopolis.
And finally, it's extraordinarily ethno-centric to assume that the rest of the planet would be affected by oil in the same way the US and Canada would be. While you might need Arabian Light because it produces a high volume of gasoline so you can drive your SUV, the rest of the world does not.