Oil's Role In the Iraqi War and the Middle East

When Iraq war had not yet begun and everyone was looking for the reasons why United States would want to attack Iraq, the one material interest that never failed to enter these discussions was oil. Now after the war is supposedly over and a rebuilding program in underway in Iraq, the same topic is still being passionately debated in political and economic circles. Oil, it appears is the black gold that every nation is running after and few are naturally endowed with. And the ones with influential oil reserves are also in a better position to control its prices around the world by simply switching on and off the oil supply to other countries. this is how important oil is.

increased ...

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crucial role in the development and progress of every country around the globe and the bigger a country is, the more it owes its success to oil. As Ciaran McKeown writes "Oil black gold is the most important commodity on Earth. All of the incredible technological development of the last 150 years owes the pace of advance to it. Stability and security of oil production and distribution is absolutely vital to the survival and economic growth of developed countries. There is, therefore, at one and the same time, ferocious competition for oil, and a common vested interest in its steady supply and price. .." (Ciaran McKeown, 2003)

We need to understand that media may try to capitalize on our worst fears and feel that oil reserves around the world are running out, the truth of the matter is that oil itself is not vanishing. Oil reserves around the world are enough to meet the demands of growing population but in order to be able to utilize them efficiently; we need proper ...

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reserves. The supply shortage, naturally, led to soaring oil prices." (Nafeez Mosaddeq Ahmed)

Since oil reserves in the United States are incapable of meeting the rising energy consumption demands, the one question that is disturbing the public is 'what is he government doing about the situation'. We all know that our government is not sitting idle and is certainly doing something to increase oil supply. But what exactly is being done. This is a very controversial question and one that has given rise to a passionate debate about the morals and ethics of tactics allegedly being used by the United States to meet energy crisis. Many people are of the view that Iraq war and other ...

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PAPER DETAILS
Added: 7/17/2016 07:59:33 AM
Category: Government
Type: Premium Paper
Words: 1770
Pages: 7

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