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Crude oil motives

It is oil consumers, not producers, that matter; and even they will be just one factor in the war. The US can't simply take Iraq's oil

By David Buchan   March 2003

Anti-war demonstrators in the US and Europe wave “No Blood for Oil” placards. But oil is only a background factor in the conflict. It is true, of course, that if Saddam were not sitting on 11 per cent of the world’s oil reserves and within striking distance of much of the rest, there would be less western concern about him. Questions of long-term supply and price are of vital interest to the western world but it does not follow that the war is being fought on behalf of “big oil.” Notwithstanding the personal connections of senior US politicians to the…

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