Of course it’s about oil.

What the idiotarians who proclaim this to the rooftops don’t understand, though, is that, despite the President’s and Vice President’s backgrounds, it’s not about oil companies.

All this braying does is betray their fundamental economic ignorance. How does opening up a major new source of oil on the market, and thus dropping prices, help oil companies? If anything, this is one of Russia’s concerns about the Iraq invasion–that her oil will suddenly become worth much less in a newly glutted market.

So how is Iraq about oil? Oil is probably the reason that we continue to treat the Saudi thugs with kid gloves. We need to get control of Iraqi oil to a) no longer have to worry about the Sauds cutting off the supply (though in current market conditions, they probably need dollars more than we need the oil) and b) allow us to threaten to flood the market with cheap Iraqi oil, thus wiping out their current income stream, and perhaps causing their downfall.

And of course, the Iraqi oil will pay the expenses of setting up a demonstration libera Arab state in the fertile crescent that will be used to undermine the rest of the Arab world over the next few years.