Madison wrote:bleach168 wrote:The cost of the war was originally predicted to be $50-60 billion. Iraq currently exports about 1.5 million barrels of oil a day. Experts believe that's only half of their potential.
3.0 million barrels a day at $30 a barrel adds up to $32 billion a year.
3.0 million barrels a day at $90 a barrel adds up to $96 billion a year.
So, at the onset of the war, it made perfect sense that it was for oil.
But once reality set it, and it seemed the benefits weren't going to outweigh the costs, I think it became political.
What were we going to do? Overthrow them and make them a new state?
This wasn't about oil.
Bilateral oil trade agreements.
If it makes you feel better, I had a professor who totally disagreed with me on this too. lol