Thursday, June 12, 2014

Iraq oil

When the US pulled out of Iraq there were many who warned that the country would once again revert to a sectarian civil war and it looks like they were right. These same experts say that if we had left a small contingency of troops, about 10,000, this could be avoided. These same experts are now telling us that when we pull out of Afghanistan the same thing will happen. If the terrorist succeed in taking over Iraq they will have the 3 million barrels of oil produced each day at their disposal and that kind of money can buy a lot of mercenaries and military equipment. This will cause a spike in the price of oil and the US should start getting prepared by opening up government lands out west to private producers. There is more than enough oil there to make the US self-sufficient. The administration has signaled that the US policy is to get away from involvements as we left Iraq and are planning on leaving Afghanistan. An old adage says to either lead, follow or get out of the way. We are somewhere between the follow and the get out but our policy is not clear enough to decide which.

No comments:

Post a Comment