war in Iraq was largely intended to secure oil resources?
Lucy Webster: I think the main motive was to reconfigure the political structure in the Middle East for the security of the United Sates and for Israel, but I believe oil was a concern also.
Almost half the known oil reserves in the world are probably in Iraq and Saudi Arabia--although the official figures lead to lower estimates. Out of an estimated one trillion barrels in the known world reserves, almost 500 billlion are probably in Saudi Arabia and Iraq with some 300 billion more elsewhere in the Middle East. Not only are these quantities impressive, but the quality of Middle East oil is orders of magnitude better than any other oil in terms of ease of access and the economy of the refining processes needed.
These facts tend to tell their own story. At the moment that it became totally clear to the United States that Saudi Arabia could not be trusted following 9:11, it was also known that Iraq was weak militarily and under pressure from internal dissention and external criticism. Consequently, if there was a newly perceived risk that Saudi oil might be inaccessible either because its government no longer worked with the United States, or because it did work with the United States and was then overthrown, another source of high-quality sizable reserves was needed.