The Bush War for Oil - 'Iraq is the most sought after real estate on the planet
Saturday, September 25, 2004 at 06:26PM
TheSpook
Not only does Iraq have vast quantities of easily accessible oil, but
its oil is almost untouched. "Think of Iraq as virgin territory ....
This is bigger than anything Exxon is involved in currently .... It is
the superstar of the future," says Gheit, "That's why Iraq becomes the
most sought-after real estate on the face of the earth." Gheit just
smiles at the notion that oil wasn't a factor in the U.S. invasion of
Iraq. He compares Iraq to Russia, which also has large undeveloped oil
reserves. But Russia has nuclear weapons. "We can't just go over and
... occupy (Russian) oil fields," says Gheit. "It's a different
ballgame." Iraq, however, was defenceless, utterly lacking, ironically,
in weapons of mass destruction. And its location, nestled in between
Saudi Arabia and Iran, made it an ideal place for an ongoing military
presence, from which the U.S. would be able to control the entire Gulf
region. Gheit smiles again: "Think of Iraq as a military base with a
very large oil reserve underneath .... You can't ask for better than
that." [more ]
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