The US imports only 10% of its oil from the Persian Gulf, a rate that has not increased since the end of the [Gulf] War. It had (and has) many other motivations for controlling the Persian Gulf oil industry: US oil company profits and petrodollars for the US banking system, for example. The US government has no inherent interest in a low oil price. Over the past forty years, US policy makers have variously sought to increase and decrease the price of oil. Oil prices were declining between 1981-86 but began to increase thereafter.Remember, Midnight Notes was writing at the beginning of the Clinton administration. They are correct that there is no general trend of the US government fighting for either high or low oil prices. Indeed, the tide has turned several times throughout history---sometimes low prices are fought for, sometimes high prices. The current administration, on the other hand, seeks profit for the oil industry, whether that profit comes from high or from low prices.
--Midnight Notes Collective, Midnight Oil: Work,Energy, War, 1973-1992 (NY: Autonomedia, 1992), ix.
So these three clues, taken together, indicate that the very act of waging war in Iraq will be enormously profitable to the oil industry---millions of gallons of fuel will be burned, while the current high price of oil is unprecedented. The Bush administration understand that they have a limited window of opportunity to make enormous profits.
The fingers in the White House repeatedly point to Iraq's alleged possession of Weapons of Mass Destruction (WMDs). Indeed, this argument---that Iraq has WMDs and is therefore a threat to the US---is the centerpiece of White House rhetoric and their justification of invasion. Whether or not it is true that Iraq is in possession of WMDs is one question the US government may be able to answer; after all, Iraq was supplied most of its arms and WMDs by the US government. So if Iraq is indeed holding WMDs, the US government has the receipts for them. However, possession of WMDs is not enough to justify war; indeed, many countries around the world are in possession of WMDs, and the US has more of them than anyone else. There is an important question of sovereignty lurking here. Does a nation have the right to build its military power, even if it means acquiring WMDs? Perhaps more importantly, does one sovereign nation have the right to deny another nation its military capability?
Furthermore, what exactly is meant by a WMD? With a certain budget, one can build a WMD in a basement. Timothy McVeigh was convicted of bringing down a large building with fertilizer. Does that count as a WMD? The fact is that any nation with any sort of industrial capacity whatsoever is capable of producing WMDs. The ability to manufacture medicines indicate the possibility of chemical weapons. Oil production and refinement techniques indicate the possibility of missile transport. The notion of "criminal" has taken an important shift; rather than looking for a "smoking gun," we are looking for guns with the potential to smoke. We are dangerously close to enforcing law---up to and including capital punishment for hundreds of thousands of people---before any crimes have been committed. So given this philosophy of the war on terror, anyone on any level---sovereign nation or individual person---can be made into a target of this lawless war. So again, if anyone can be a target, why Iraq?
It can be no coincidence that Iraq has the second largest proven oil field in the world, according to the Institute for Policy Studies, representing "11% of the world's total" oil reserve. The report goes on:
In addition, many experts believe that Iraq has massive untapped reserves, putting it nearly on par with Saudi Arabia. Iraq's oil is also high quality and very inexpensive to produce, making it an extraordinarily profitable source.After a US-led "regime change" in Iraq, the new puppet government of Iraq would be under US control, in a similar way to the regime change in Afghanistan. Predictably, the rhetoric coming out of the White House talks about "freedom and democracy" in Iraq; Bush is stating openly that he wants to make "an example" of Iraq. But an example of what? Again, we cannot turn to White House rhetoric; notions of "democracy" and "freedom" and "good vs. evil" have all been corrupted by this regime. If we examine the recent history of US policy toward Iraq, then the current situation gets even hazier. Yes, Saddam Hussein is a brutal dictator. But as such, he is not exceptional in this regard. There are many brutal dictators in power worldwide, ravaging the people in their countries. Moreover, Saddam Hussein has been left in power for 12 years since the first Gulf War. Make no mistake---the US could have removed him from power during US occupation of Iraq in 1991. The decision to leave him in power was a conscious and deliberate one. So why Iraq, and moreover why Iraq in 2003? It cannot be for the good of the Iraqi people. They have suffered enough for 12 years as a result of US action since the Gulf War; economic sanctions, continued bombings, and low-intensity warfare enforcing the so-called "no-fly zones" in northern and southern Iraq have resulted in countless deaths and untold suffering. So for George W. Bush to claim any action on behalf of the welfare of the Iraqi people is dubious, and at the very least in extraordinarily bad taste. The US government has clearly and repeatedly demonstrated its complete lack of concern---if not deliberate disdain---for the Iraqi people. How many more Iraqi people must die at the hands of American military and economic power?
But what about the American people? Is the Bush administration acting in order to protect Americans in the wake of 9/11? It would not seem so. Millions of people, both in the US and abroad, have organized and marched against American imperialism and in favor of peace. Millions more share similar ideas. Every American bomb that falls in Iraq will give some other orphaned child or grieving relative a profound, personal reason to hate America. The fires of anti-American sentiment leading to terrorism against the US are stoked with every missile launch, every bomb exploded, every bullet fired. Therefore, the invasion of Iraq will motivate the people of the world to terrorism, the only method of counterattack available to them. The American people will be in more danger than ever.
So who benefits from the invasion of Iraq? The Iraqi people will not. The American people will not. Saddam Hussein and the Ba'ath regime certainly will not. This leaves only the Bush administration and its deep, multifarious connections with oil capital. US control over oil production will increase. Sales of oil will skyrocket, with oil at very high prices. You have to hand it to the Bush administration. Their objective is clear, and they will pursue that objective singly and relentlessly, without regard to the quantity or quality of human life lost in the process. The drums of war in the Oval Office are loud, and the machines of war in Iraq are hungry.