Wednesday, September 17, 2008

Here's the Blood. Where's the Oil?

One of the stupidest mantras from liberals is 'NO BLOOD FOR OIL.'  It's stupid because, first of all, I can't  think of a better reason to fight a war than to keep our enemies from seizing control of oil supplies.  Secondly, it's stupid because, where's the oil?  Well, now we know where the oil is. It's going to China.  Why?  Ask the Democrats.

...three Democratic senators intervened in Iraqi domestic politics earlier this year to prevent Iraq from signing short-term agreements with Exxon Mobil, Shell, Total, Chevron, and BP.The Iraqi government was poised to sign no-bid contracts with those firms this summer to help make immediate and needed improvements in Iraq's oil infrastructure. The result would have been significant foreign investment in Iraq, an expansion of Iraqi government revenues, and an increase in the global supply of oil. One would have thought that leading Democratic senators who claim to be interested in finding other sources of funding to replace American dollars in Iraq, in helping Iraq spend its own money on its own people, and in lowering the price of gasoline for American citizens, would have been all for it. Instead, Senators Chuck Schumer, John Kerry, and Claire McCaskill wrote a letter to Secretary of State Rice asking her "to persuade the GOI [Government of Iraq] to refrain from signing contracts with multinational oil companies until a hydrocarbon law is in effect in Iraq." The Bush administration wisely refused to do so, but the resulting media hooraw in Iraq led to the cancellation of the contracts, and helps to explain why Iraq is doing oil deals instead with China.
If John Kerry can do this much damage to the country as a senator, imagine the havoc he would have wreaked as president.  THANK YOU, SWIFT BOAT VETERANS!

1 comment:

Mark said...

Better to produce our own supply than get it from other countries, but better to get it from an ally than an enemy.