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Posted by: Wouter,
2009-06-23 04:21 |
Claim
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A reason for the war on Iraq is to prevent oil from this region to enter the world market.
War has never contributed to an increase of oil production in a country. It is more often so that countries or regions which suffer from war produce less as a whole. Clearly, attacks on pipelines, storage facilities etc. occur more often in war prone areas than in stable regions like Europe for example. So why attack Iraq? Clearly not to increase oil production in this region!
A view findings:
1. the US is not dependent on oil imports from the Middle East, only a small percentage is actually imported from this region. Most of Middle East oil is exported to Europe and Asia.
2. A high price of oil is not that bad for the US, being one of the biggest producers themselves.
3. a high oil price increases the need for dollars worldwide, therefore supports the value and hence enables the US to lent more, supporting their traditional consuming habits.
4. It has been a tradition of the major oil companies, backed by the oil consuming counties, to use Iraqi oil as swing capacity and was mostly withheld from the world market. First through the Turkish Petroleum Company (1912), than through the Iraqi Petroleum Company (1928), which were both consortia of the major oil companies. The Iraqi Petroleum companies played a large role in the creation of the cartel of the seven sisters.
Background and Context
War has never contributed to an increase of oil production in a country. It is more often so that countries or regions which suffer from war produce less as a whole. Clearly, attacks on pipelines, storage facilities etc. occur more often in war prone areas than in stable regions like Europe for example. So why attack Iraq? Clearly not to increase oil production in this region! A view findings: 1. the US is not dependent on oil imports from the Middle East, only a small percentage is actually imported from this region. Most of Middle East oil is exported to Europe and Asia. 2. A high price of oil is not that bad for the US, being one of the biggest producers themselves. 3. a high oil price increases the need for dollars worldwide, therefore supports the value and hence enables the US to lent more, supporting their traditional consuming habits. 4. It has been a tradition of the major oil companies, backed by the oil consuming counties, to use Iraqi oil as swing capacity and was mostly withheld from the world market. First through the Turkish Petroleum Company (1912), than through the Iraqi Petroleum Company (1928), which were both consortia of the major oil companies. The Iraqi Petroleum companies played a large role in the creation of the cartel of the seven sisters.
Evaluation of this Claim
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Argument Tree
Vieuw in Silverlight
A reason for the war on Iraq is to prevent oil from this region to enter the world market.
References
Work in Progress
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