65,398
edits
Changes
Jump to navigation
Jump to search
m
no edit summary
However, in the words of one US oil company executive, the plans for Iraq's oil "'all turned out a lot more complicated than anyone had expected'. Instead of the anticipated post-invasion rapid expansion of Iraqi production (an expectation of an additional 2m b/d entering the world market by now), the continuing violence of the insurgency has prevented Iraqi exports from even recovering to pre-invasion levels." [http://news.ft.com/cms/s/a0bb7970-aa25-11d9-aa38-00000e2511c8.html]
"In short," wrote Ian Rutledge, in the April 1211, 2005, ''Financial Times'' (UK), "the US appears to have fought a war for oil in the Middle East, and lost it. The consequences of that defeat are now plain for all to see." [http://news.ft.com/cms/s/a0bb7970-aa25-11d9-aa38-00000e2511c8.html]
==The Plans: Pentagon, State Department and "Big Oil"==
