Terrorism has resulted in the deaths of a few thousand people. If you are to save lives, you would get a better result from tackling alcohol related deaths, tobacco related deaths, crime rates, or automobile related deaths.
The USA has an extremely strong currency that it can use to purchase oil from producing nations. There would little benefit from invading Saudi Arabia as they are already efficiently producing oil.
Iraq on the other hand isn't. This is proof by the estimates (quotes taken from financial times) in oil export growth. It makes sense to invade a country that is not taking advantage of the oil resources. You could invade, invite US oil, and bump up production.
The surge in Iraq oil output, together with forecast higher output from non-Opec nations including Brazil and Kazakhstan, is critical to hopes for lower oil prices in the second half of the decade.
Iraq has raised its oil output to the highest level for almost a decade, adding 350,000 b/d in the space of 6 months to reach 2.68m b/d, according to the International Energy Ageny
Iraq will miss its target to quadruple its oil production by 2017
Iraq signed long-term contracts between late 2008 and early 2010 with oil groups to develop a dozen gigantic fields in the country’s south, aiming to overtake Iran as the Opec oil cartel’s second-largest producer and approach the world’s top producer, Saudi Arabia.
Thank you... I've been saying this for years. I think the invasion of Iraq had to do with keeping the 2 biggest state sponsors of terrorism in check... Iran and Syria... and among other reasons as well... death to hippies
Terrorism has resulted in the deaths of a few thousand people. If you are to save lives, you would get a better result from tackling alcohol related deaths, tobacco related deaths, crime rates, or automobile related deaths.
I'm not a hippie either. I'm a finance major
abcqer555 9 months ago
The USA has an extremely strong currency that it can use to purchase oil from producing nations. There would little benefit from invading Saudi Arabia as they are already efficiently producing oil.
Iraq on the other hand isn't. This is proof by the estimates (quotes taken from financial times) in oil export growth. It makes sense to invade a country that is not taking advantage of the oil resources. You could invade, invite US oil, and bump up production.
abcqer555 9 months ago
The surge in Iraq oil output, together with forecast higher output from non-Opec nations including Brazil and Kazakhstan, is critical to hopes for lower oil prices in the second half of the decade.
Iraq has raised its oil output to the highest level for almost a decade, adding 350,000 b/d in the space of 6 months to reach 2.68m b/d, according to the International Energy Ageny
abcqer555 9 months ago
Iraq will miss its target to quadruple its oil production by 2017
Iraq signed long-term contracts between late 2008 and early 2010 with oil groups to develop a dozen gigantic fields in the country’s south, aiming to overtake Iran as the Opec oil cartel’s second-largest producer and approach the world’s top producer, Saudi Arabia.
abcqer555 9 months ago
The reason was Saddam was pricing his oil in Euros, thus taking it away from the dollar...that is bad for US commodities traders.
wphstubaboy 1 year ago
Sources????I can make up numbers too claiming that it comes from Tajikistan your video is pointless
sulmagnificent 1 year ago
Thank you... I've been saying this for years. I think the invasion of Iraq had to do with keeping the 2 biggest state sponsors of terrorism in check... Iran and Syria... and among other reasons as well... death to hippies
dadecountyhustler305 1 year ago
I agree, but what are our imports from Iraq? You need to state that in order to prove your point.
Dannyainge44 1 year ago