OxBlog

Wednesday, June 25, 2003

# Posted 3:31 PM by Ariel David Adesnik  

LIGHT SWEET CRUDE: The Post's Outlook section has an in-depth explanation of why this war isn't about oil. The basic points will be familiar to readers of the TNR piece which OxBlog linked to a while back. In short, going to war for oil just doesn't make economic sense, either for individual firms or for the US government. The Post article has a few strongpoints, though, which the TNR piece doesn't. First, it's written by Daniel Yergin, who won a Pultizer for his book on oil and power in the Middle East. Second, it contains a lot more solid evidence, especially concerning Iraq's role within the global oil market. Happy wonking.
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