At this moment, Crude Oil is hitting a new all-time high of $139.01/bbl, and is now forecast to hit $150/bbl by the 4th of July.
John McCain has admitted that the war in Iraq was for Oil, and has proposed a long term (100 years?) U.S. military presence in Iraq, to protect our oil supplies, akin to the long term basing in Germany, Japan, and Korea to prevent Soviet expansionism during the Cold War.
OKay, I'll bite: We spent over 4,000 American lives and Two Trillion Dollars ($2,000,000,000,000) to gain access to the world's second or third largest supply of Petroleum, to protect the United States while the rest of the world goes to hell because of 'Peak Oil'. It may not be as moral a reason as removing a brutal dictator who used chemical weapons for genocide on his own people and his neighbors, but at least its a viable reason; you could understand his thinking if that's why Bush actually launched the war, even if you disagree with it.
So, how's all that working out for us? To paraphrase Clara Peller, "Where's the Oil?"
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