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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (67988)	1/23/2003 12:10:44 PM
From: teevee	Read Replies (1) \| Respond to of 281500

Now France and Germany are joined by Russia and China. All of these players have large commercial oil interests in Iraq. The last thing they want is for a unilateral US (or joint US-British) occupation to nullify their oil deals. Liberating Iraqi people, fostering democracy, with the US managing the rebuilding and operating of Iraqi oil fields in trust for Iraqi people is against their commercial and strategic oil interests. The US must not lose its resolve. One of the responsibilities of occupying Iraq is control of the Iraqi oil fields. This will eventually lead to non OPEC production increases resulting in price competition in the world oil market, and not rigged OPEC prices. It is clear that Iraqi oil production alone cannot satisfy US oil import requirements, but increasing Iraqi production can restore competition to world oil markets, which would lower prices overall. This can only result in greater oil security for the US as well as lower energy costs. China, Russia, Germany and France can go elsewhere for their oil.