Was the Iraq War to Grab Oil … Or to Keep It Off the Market?

Was the Real Purpose of the Iraq War to Restrict Oil … So As to Raise Oil Prices?

U.S. Secretary of Defense Chuck Hagel, 4 Star General John Abizaid, Fed boss Alan Greenspan, President George W. Bush, Senator John McCain, Sarah Palin, Bush speechwriter David Frum, key war architect John Bolton,  and a high-level National Security Council officer all say that the Iraq war was about oil.

Documents from Britain show the same thing.

But BBC and Guardian investigative reporter Greg Palast – a New York Times bestselling author – argues today that source documents he obtained through cloak-and-dagger methods prove that the war was actually focused on keeping Saddam’s oil off of the market … so as to keep oil prices high:

[I obtained] a 323-page, three-volume programme for Iraq’s oil crafted by George Bush’s State Department and petroleum insiders meeting secretly in Houston, Texas.

I cracked open the pile of paper – and I was blown away.

Like most lefty journalists, I assumed that George Bush and Tony Blair invaded Iraq to buy up its oil fields, cheap and at gun-point, and cart off the oil. We thought we knew the neo-cons true casus belli: Blood for oil.

But the truth in the Options for Iraqi Oil Industry was worse than “Blood for Oil”. Much, much worse.

The key was in the flow chart on page 15, Iraq Oil Regime Timeline & Scenario Analysis:

“…A single state-owned company …enhances a government’s relationship with OPEC.”

***

I’d already had in my hands a 101-page document, another State Department secret scheme, first uncovered by Wall Street Journal reporter Neil King, that called for the privatisation, the complete sell-off of every single government-owned asset and industry. And in case anyone missed the point, the sales would include every derrick, pipe and barrel of oil, or, as the document put it, “especially the oil”.

That plan was created by a gaggle of corporate lobbyists and neo-cons working for the Heritage Foundation. In 2004, the plan’s authenticity was confirmed by Washington power player Grover Norquist.

***

The neo-con idea was to break up and sell off Iraq’s oil fields, ramp up production, flood the world oil market – and thereby smash OPEC and with it, the political dominance of Saudi Arabia.

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