JV wrote:

Some speculation that I'm sure can be easily dumped in the conspiracy bin.

I've come to realize that there is no one agenda that explains the lie that lead to the Iraq invasion. But if there were some thinkers thinking in broad terms, then perhaps the following is a possible 'value-added'.

It could be argued that the invasion of Iraq would have the benefit of disrupting oil supplies (or had the express aim of such) and therefore causing a substantial increase in the cost of oil. This could be founded on the real intelligence that oil companies had regarding the eminence of peak oil.

If peak oil was widely known, yes oil prices would go up, but likely not as much as they have now, also as it was being acknowledged then governments (and the companies themselves) would be pressured to invest in alternatives - minimally standards that ensured greater fuel efficiencies in consumption which would lower consumption and mitigate more gently rising oil prices.

By creating the disruption, they also create a distraction. Oil prices climb rapidly and the public awareness of peak oil can delayed. In this brief time - profits can (and have) increased threefold. In a sense this puts exorbitant amounts of money into the hands of a few, and in addition 'free' money to invest (buy/own) in alternatives energy sources. In this way the existing energy hegemony morphs into a new world without the normal effect that disruptive technology generally has on corporate/capitalist entities. (for instance the rise of Microsoft and the total disappearance of Underwood, Olivetti, etc).

Perhaps the above speculation is just the result of 'unintended consequences'. Still an interesting pattern from connecting some dots.

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John, you’re correct that we should be skeptical about Big Oil’s motives, especially given the reputation for manipulation of energy markets, such as the fraud Enron perpetrated on the West Coast.  Before Enron’s collapse and the faux energy crises it created for Californians, with some deadly consequences, BP fabricated a shortage for the Pacific NW and raised prices accordingly. It was later uncovered via a FOIA (Freedom of Information Act) joint investigation between the Oregonian and Sen. Wyden that they were simply shipping oil designated for the PNW to the Far East for higher prices. That is a likely scenario once production declines further, and was the plot line of a US docudrama that depicted US oil tankers moving like pawns on a chess board over the ocean while the oil majors received competitive bids from the Chinese and Russians, leaving domestic business and consumers high and dry.

 

However, the geological evidence only disputes when, not if, there will be production decline. Hubbert’s Peak is accepted globally. The geopolitical and economic consequences remain to be seen, but they are perilous, especially if we ignore the problem now. Although I do not have knowledge of the thinking that produced the Carter Doctrine in the 70s after the last global energy crises, I believe it was more a precautionary backup. Unfortunately, neither the politicians nor the oil majors were inclined to do the heavy lifting required to produce a comprehensive energy policy that concentrated on conservation when it could have made a difference and been less painful. Now we won’t have much choice, especially with the weak energy bill that this Congress finally managed to pass after four years. We also have an aggressive group in power who have taken the Carter Doctrine to a literalist conclusion without trying to keep the peace that good energy policy could.

 

Energy is arguably the primary area where corporation-dominated politics is exposed most clearly.  Iraq is not the last resource war we will suffer, though I agree with you there is more than one ulterior motive for the Bush Doctrine, which was drafted more than a decade earlier by those patient neocons of Reagan/Bush who founded Project for a New American Century (PNAC), whose imperial ambitions for the US were not limited to oil security in the Middle East, and who certainly did not want to do Carter any favors for the greater common good. 

 

PNAC Statement of Principles. Note signatories http://www.newamericancentury.org/statementofprinciples.htm

Letter to Pres. Clinton on Iraq Jan 1998. Note signatories http://www.newamericancentury.org/iraqclintonletter.htm

Letter to Gingrich and Lott on Iraq May 1998. Note signatories http://www.newamericancentury.org/iraqletter1998.htm

Etc.

 

By the way, Wednesday a moderate bipartisan group launched to counter the PNAC/Christian Zionist right-tilt in American foreign policy. Partnership for a Secure America has some prominent Republican names, and its speculated that Baker/Powell/Scowcroft are silent assenters who can’t publicly break with the Bush regime.  See Advisory Board here http://www.psaonline.org/  kwc

 

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