Tomgram: Dilip Hiro, It's the Oil, Stupid

Before the invasion of Iraq in March 2003, discussion of Iraqi oil was largely taboo in the American mainstream, while the "No Blood for Oil" signs that dotted antiwar demonstrations were generally derisively dismissed as too simpleminded for serious debate. American officials rarely even mentioned the word "oil" in the same sentence with "Iraq." When President Bush referred to Iraqi oil, he spoke only of preserving that country's "patrimony" for its people, a sentiment he and Great Britain's Prime Minister Tony Blair emphasized in a statement they issued that lacked either the words "oil" or "energy" just as Baghdad fell: "We reaffirm our commitment to protect Iraq's natural resources, as the patrimony of the people of Iraq, which should be used only for their benefit."

That May, not long after the President declared "major combat" at an end in Iraq, Deputy Secretary of Defense Paul Wolfowitz did point out the obvious -- that Iraq was a country that "floats on a sea of oil." He also told a Congressional panel: "The oil revenue of that country could bring between 50 and 100 billion dollars over the course of the next two or three years. We're dealing with a country that could really finance its own reconstruction, and relatively soon."