Oil has always been part of U.S. decision-making on Iraq, a key motive for the 2003 invasion and the bloody occupation that followed. Now, as President Obama returns U.S. forces to Iraq, the issue of oil has bubbled back to the surface, as oil analyst Antonia Juhasz explained to Dennis J Bernstein.
Despite rhetorical suggestions about a shift in U.S. geopolitical strategy, the pre-placement of military stockpiles indicates that America’s security interests will remain focused on protecting oil supplies, writes the Independent Institute’s Ivan Eland.
Despite Israel’s great political influence in Washington, the Obama administration may soon have to decide whether it will risk economic retaliation from Saudi Arabia by opposing Palestinian statehood in the United Nations. A Saudi cutback in oil production could send gas prices to $5 a gallon and sink the U.S. recovery, Lawrence Davidson writes.