alan maass discusses the connection between oil and imperialist warfare in oil and empire. he first describes how
even saudi arabia is furious, with king abdullah denouncing the occupation of iraq and turning down dinner invitations from his white house buddies. (we'll see how long that lasts.) maass goes on to give an overview of the geopolitical significance of oil of the kind that ought to be familiar to politically literate people. you know, that 2% or so of americans.
[t]he cabinet of the new Iraqi government... approved a law that would undo Iraq's nationalized system and give Western oil giants unparalleled access to the country's vast reserves.The oil companies would be guaranteed super-profits--on a scale unknown anywhere else in the Middle East--for a period of 20 to 35 years from oil pumped out of two-thirds or more of Iraq's oilfields.
elsewhere on the counterpunch website, cockburn and st. clair take apart the "antiwar" senate vote.