Monday, January 06, 2003

In the Times story on Dubya's plans for Iraq, it's no surprise that the plan calls for American control of the oil fields. But, lest you think that the idea is to try to reduce the domination of OPEC, a cartel dominated by Dubya's Saudi masters partners, over oil prices, consider this:

The administration is already anticipating that neighboring Arab nations may accuse occupied Iraq of pumping oil beyond OPEC quotas. One official said Washington "fully expects" that the United States will be suspected of undermining the oil organization, and it is working on strategies, which he would not describe, to allay those fears.

On the other hand, it's wise to remember that there are Americans who might benefit from this strategy as well. Mostly in the Texas oilpatch.


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