Drill Here. Drill Now. Pay Less.

[nevermind65]

You missed my point. My point was why, since we already were in Iraq, get the oil? One of the first things we did when entering the country was set-up soldiers to guard the oil fields so Saddam wouldn't burn them. Now we are sitting back while our soldiers are dying and letting Iraq make deals with China and other countries to extract the oil.

Originally Posted by Joe Wicked

Forgive me for being ignorant, but I still do not see where we went in and took the oil. I see companies that specialize in oil (western, eastern, and mid eastern) putting bids in and getting counter bids back. Yes American oil companies will make money on it, but so will the Iraqis. We are not going in and claiming it as ours, but entering in a contract to get the oil that they have when they do not have a way to get it. They are entertaining offers from everyone. Not the same thing.

Let me revise my question. If Iraq was about oil, were are the tankers of oil that we have taken (and supposedly given to other countries)? I saw an article about China getting contracts to extract the oil and the US companies not laying down, but going after those same contracts. The Chinese contracts are with Iraq not the US.

One more point, if the US went in to take over the oil fields, why would we let, yes let, China get to make money extracting the oil for their own use? That is counter productive. We would declare the fields US property and sell to China.