The problem was Saddam hussein using his massive oil revenues to fund terrorism, along with being a horrible butcher at home. The US made mistakes for sure, but Saddam was a horrendous monster with massive revenues to work his evil. It was not done for the sake of Exxon, Chevron and the like. The Iraq war was initiated to put an end to the evil of Saddam. Unintended consequences and other evils came into being from that decision, but the invasion was not for the sake of big oil.
The US, Great Britain and to some extent France have always strived to control global oil reserves, especially in the Middle East. This was happening even in the gusher days of Spindletop, when the US was producing and even exporting huge amounts of oil. The Great Powers established hegemony over the Middle East oil reserves a long time ago. They paid those country a pittance in royalties. In 1960s, Middle East oil was priced at around $1 or less per barrel while West Texas crude was going for $4-6.
Whenever a king, sheik, emir or a politician did not do out bidding, the person was quickly dispatched. We even engineered a coup in Iran in 1952 to get rid of a democratically elected prime minister. Of course, with the rise of Soviet Union the cost of hegemony went up. It costs us $trillions now, especially with asymmetric warfare.
The control of oil not only gives the US, UK and France based companies huge profits, but allows the Great Powers the ability to bring down any other rising power to their knees. China, India, Japan have to pay tribute to the oil hegemony.
Unfortunately, technology can change the equation. Hyrdro fracturing, new seismic tech, drilling has allowed all kinds of countries to produce their own energy. Then there is the prospect of renewables driven by wind turbines, solar energy, mini hydroelectric plants, etc. Plus electric cars that can take advantage of 4 cent/KW-Hr electricity at night - we are not there yet. Need cheaper high capacity batteries.
FYI, in my earlier life I was an engineer and worked for the "Big Tiger". I was impressed how well disciplined, organized, and smart those people are. No wonder they are one of the largest companies in the world. Gave me a good perspective, but that is not my kind of thing.
Don't forget a large part of the reason Japan attacked Pearl Harbour was the oil embargo against it from the US.
As oil stocks continue to dwindle and oil prices rise, it could lead to further escalation. A good article on this is "The era of oil wars" by Michael Meacher (It's a little old 2008, but still valid):
the oil industry itself in its own report Facing the Hard Truths about Energy, produced by 175 authorities including all the heads of the world's big oil companies, for the first time predicted that oil and gas may run short by 2015.
If someone knows how manny gallons of gas we use in a year, and can multiply that by the number of years we have been fighting in the Middle East wars, and then divide that number into $1.5 TRILLION dollars, we can add that back to the PRICE per gallon at the pump, and THEN we will have an ESTIMATE on what a GALLON OF GAS REALLY costs. JUST an estimate mind you, BECAUSE the bill is STILL ringing up, EVERY SECOND THAT GOES BY!!!!!!!
It was ten years ago tonight that the Dixie Chicks, extremely popular then and far from controversial, caused a massive stir when singer Natalie Maines declared on stage in London: “Just so you know, we’re on the good side with y’all. We do not want this war, this violence, and we’re ashamed that the president of the United States is from Texas.” It was a little more than a week before their fellow Texan launched a war based on lies.
Heres a GOODIE, even Alan Greenspan & the Generals are admitting the TRUTH!!!!
"Of course it's about oil, we can't really deny that," said General John Abizaid in 2007, former head of U.S. Central Command and Military Operations in Iraq. Former Federal Reserve Chairman, Alan Greenspan agreed, writing in his memoir: "I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil." Then-Senator and now Defense Secretary Chuck Hagel said the same in 2007: "People say we're not fighting for oil. Of course we are."
The war for oil was inertia from the cold war. Having secure sources for oil was military strategy vs. the USSR for decades. The Arleigh Burke class destroyers of our Navy alone use 60,000 gallons of fuel per hour! Add to that the rest of the navy, air force, tanks, support vehicles, etc.. and you have a Huge reason for war over oil. But their threat is gone and this huge, hulking military industrial complex remains. Now It's the ice cream cone that licks itself. We go to war for oil so that we have oil to go to war.
The Soviet Union was the greater evil and needed to be fought and beaten, but as long as the cold war took, 40-45 years, it'll probably take that long again to recreate our industry and society as one that isn't focused on beating an enemy that no longer exists.
Yes, the Iraq War was a war for oil, and it was a war with winners: Big Oil.
It has been 10 years since Operation Iraqi Freedom's bombs first landed in Baghdad. And while most of the U.S.-led coalition forces have long since gone, Western oil companies are only getting started.
Before the 2003 invasion, Iraq's domestic oil industry was fully nationalized and closed to Western oil companies. A decade of war later, it is largely privatized and utterly dominated by foreign firms.
"From ExxonMobil and Chevron to BP and Shell, the West's largest oil companies have set up shop in Iraq. So have a slew of American oil service companies, including Halliburton, the Texas-based firm #$%$ Cheney ran before becoming George W. Bush's running mate in 2000.
The war is the one and only reason for this long sought and newly acquired access."