Oil On The Brain-less
The overwhelming belief amongst leftist and/or conspiracy theorist is that the US (George Bush and Dick Cheney) invaded Iraq for oil. I could write a pamphlet on why this is a ridiculous notion. For its perception as oil hungry, the US is the only western country that does not buy Iranian or Sudanese oil. For over twenty years America boycotted Libyan oil. If it were oil that the US wanted in Iraq, there was a much simpler way to get it: We could have bought it! Recent reports have highlighted the fact that after the smoke has cleared, the Chinese have emerged as the largest investors in Iraqi oilfields. Since 2008, The Iraqi National Oil Co. has signed 11 deals with International investors, 4 of them have been with the Chinese. China, not America was actually the first country to win an oil contract in the post Saddam era. American oil firms have largely stood on the sidelines due to the high royalties and tough terms required by the Iraqis. Along with the Chinese, India, Vietnam, Ind...