mantra wrote on Jan 4
th, 2014 at 8:53pm:
We would need a better reason than just human rights attrocities for the Coalition of the Willing to attack North Korea. Perhaps if oil or gas was secretly discovered there or the Texas Oilmen or Sheikhs needed a pipeline to run across the country - then there would be justification to drop bombs, capture Kim Jong junior and hang him.
If the Coalition of the Willing was going to spend gazillions on removing a dictatorship that regularly rewarded the families of suicide bombers a fixed $25,000 ... And then remove any al-Qaeda training camps within its borders ... why on earth wouldn't the Americans be thinking in terms of recouping their expenses through profits from Iraqi oil?
But if it's a 'fact' that America 'stole' the Iraqi oil business all for itself, then why is it that China has a bigger investment in Iraqi oil than even the US ~ and this by agreement with the US-installed democratic government of Iraq that has been
free to sideline the US as secondary to China?
Quote: BAGHDAD — Since the American-led invasion of 2003, Iraq has become one of the world’s top oil producers, and China is now its biggest customer.
China already buys nearly half the oil that Iraq produces, nearly 1.5 million barrels a day, and is angling for an even bigger share, bidding for a stake now owned by Exxon Mobil in one of Iraq’s largest oil fields.
“The Chinese are the biggest beneficiary of this post-Saddam oil boom in Iraq,” said Denise Natali, a Middle East expert at the National Defense University in Washington. “They need energy, and they want to get into the market.”
Before the invasion, Iraq’s oil industry was sputtering, largely walled off from world markets by international sanctions against the government of Saddam Hussein, so his overthrow always carried the promise of renewed access to the country’s immense reserves. Chinese state-owned companies seized the opportunity, pouring more than $2 billion a year and hundreds of workers into Iraq, and just as important, showing a willingness to play by the new Iraqi government’s rules and to accept lower profits to win contracts.
Would an 'evil' USA allow for such free market activities in Iraq if its intention had always been to dominate and rule Iraq like a replacement dictatorship? Of course not.
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