The argument about whether Cheney/Bush went into Iraq over petroleum is not interesting. Of course they did, one way or another. The question is what exactly they thought they were doing about Iraq's petroleum. I would argue that they threw public resources (perhaps as much as two trillion dollars worth when all is said and done) to secure profits for private companies. Otherwise, the US public will never, ever realize the sort of savings from the development of Iraqi petroleum that would compensate them for the blood and treasure they have spent in Iraq. (Not to mention the opportunity costs of squandering so many resources on a quagmire, when the public investment could have been put to much better uses).
Well said.
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