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Thursday, June 24, 2004

Blood for Oil

Typical muckraking (as in good) article from the July issue of Harper's. The money quote:
Put another way: if this war is not about oil, then truly we stand poised at the abyss.

The author, Luke Mitchell, also quotes the economist Feis in 1946, on predicting the need for control, or at least access, to oil for eternity to maintain economic prosperity. This argument has been put forward by Chomsky with quite a degree of regularity over the last few years (with emphasis on the control part).

Finally, Mr. Mitchell also reminds us of pending oil contracts with Iraq totalling $1.1 trillion from Russia, China, and the European Union, who apparently would clean our clock unless we gain that mysterious control.


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