If the US went to Iraq for oil... Why don't we get oil from them?

[UltraPain]

GG Slimreaper. I'll always be here to counter your threads with logic.

You must be registered for see images

 

[slimreaper]

GG Slimreaper. I'll always be here to counter your threads with logic.

You must be registered for see images

Logically speaking that's ****ing dumb.

The US government is gonna free up all this oil(take none for the actual government). Try to give it to western countries yet let them get out bid.

It all adds up


all the while we spend trillions making it go down. Where is the benefit?

You must be registered for see links

“If Iraq was invaded for oil,” Ahmad writes, “then the US was remarkably negligent in securing the prize.” Iraq awarded its first major post-invasion oil concessions in 2009, and the big winners? Norway, France, China and Russia. Of the 11 contracts signed only one went to a US company (Exxon Mobil). The only sector in which US firms prevailed was oil services—but “in that sector the US has always enjoyed a virtual monopoly, invasions or no,” Ahmad notes.

 

[Dark Sonic]

Why else would they invade Iraq? They already meddled enough.

 

[6ari8]

Do you understand how the petrodollar system works?

Take a look at these bits:
1:
[video=youtube;DyV0OfU3-FU]https://www.youtube.com/watch?v=DyV0OfU3-FU[/video]
(You should watch all four episodes)

You must be registered for see links

:
This is only a part of the full article. You can read all four parts too.

 

[paratise]

Then why did they invade Iraq? Bringing democracy and finding MDWs? Neither has been present there and Middle East is getting more chaotic.

Thus, the U. S. effectively controls the world oil-market as the dollar has become the "fiat" international trading currency. Today U.S. currency accounts for approximately two-thirds of all official exchange reserves. More than four-fifths of all foreign exchange transactions and half of all the world exports are denominated in dollars and U.S. currency accounts for about two-thirds of all official exchange reserves. The fact that billions of dollars worth of oil is priced in dollars ensures the world domination of the dollar. It allows the U.S. to act as the world's central bank, printing currency acceptable everywhere. The dollar has become an oil-backed, not gold-backed, currency.

If OPEC oil could be sold in other currencies, e.g. the euro, then U.S. economic dominance-dollar imperialism or hegemony-would be seriously challenged. More and more oil importing countries would acquire the euro as their "reserve," its value would increase, and a larger amount of trade would be transacted and denominated in euros. In such circumstances, the value of the dollar would most likely go down, some speculate between 20-40 percent.

In November 2000, Iraq began selling its oil in euros. Iraq's oil for food account at the UN was also in euros and Iraq later converted its $10 billion reserve fund at the UN to euros. Several other oil producing countries have also agreed to sell oil in euros-Iran, Libya, Venezuela, Russia, Indonesia, and Malaysia (soon to join this group). In July 2003, China announced that it would switch part of its dollar reserves into the world's emerging "reserve currency" (the euro).

You must be registered for see links

 

[BLAZE]

Lml u r funny guy

 

[Brian Griffin]

US did not went to Iraq war so US citizen will get cheap Oil (Governments do not care about people only themselves),They went to Iraq to get the oil plant owned by Bush family from Saddam Hussein.Iraq wanted to sell oil in exchange for Euro than petro-Dollar.Also who knows US may have oil stored secretly inside a huge tank like in Gulf war to give it to army during wars.
[video=youtube;AhvG4Ebmlgo]https://www.youtube.com/watch?v=AhvG4Ebmlgo[/video]