Iraq: The Greatest Prize of All??

We’ve all had a pretty good idea that Iraq is all “about the oil,” with a few caveats like an Islamic democracy, a beachhead in the region, etc., etc.

Whether you view the Bush administration’s approach as disingenuous and benevolent or power-grabbing desperation to aggregate wealth and maintain hegemony, the importance of the strategic value of Iraq in the coming resource conflict is undoubtable. (Though I admit, I truly think a president, faced with the facts of peak oil, from either US party may have taken similar courses between this Scylla and Charybdis, with better or worse strategies and results…simply because of the power/influence of oil interests in both parties. The extreme change that is needed is outside the institutional and practical constraints of our current two-party system.)

More discussion (and a link to PEOz) after the jump at The Oil Drum.