Energy Wars

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A few months ago, a friend here in Paris asked me how Americans could consider the Iraq War a failure when it had accomplished its principle strategic goal, namely securing Iraqi oil for American consumption. I argued that the rise in crude oil prices had largely offset whatever advantage had accrued from securing access to it, and that the missing element to his argument was American oil companies — as opposed to the Iraqi government — actually profiting from the oil. As Andrew Sullivan points out here, that missing element will very shortly no longer be missing, making the case […]

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