A colossus of failure

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Jan 26, 2006
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A Colossus of Failure
The objectives of the oil wars may be non-negotiable, but that doesn't guarantee their successful achievement.
The evidence suggests the contrary.
As recently as January of 2005, the Associated Press expected construction of the Trans Afghan Pipeline to begin in 2006. So did News Central Asia. But by October of 2006, NCA was talking about construction "... as soon as there is stability in Afghanistan."
As the Taliban, the warlords, and the poppy growers reclaim control of the country, clearly there is no stability in Afghanistan, and none can be expected soon.
Unocal has been bought up by the Chevron Corporation. The Bridas Corporation is now part of BP/Amoco. Searching the companies' websites for "Afghanistan pipeline" yields, in both cases, zero results. Nothing is to be found on the sites of the prospective funding agencies. The pipeline project appears to be dead.
The Production Sharing Agreements for Iraq's oil fields cannot be signed until the country's oil policies are codified in statute. That was supposed to be done by December of 2006, but Iraq is in a state of chaotic violence. The "hydrocarbon law" is struggling along -- one report suggests it may be in place by March -- so the signing of the PSA's will be delayed at least that long.
The U.S. and British companies that stand to gain so much -- Exxon/Mobil, Chevron/Texaco, Concoco/Phillips, BP/Amoco and Royal Dutch Shell -- will stand a while longer. They may well have to stand down.
On October 31, 2006 the newspaper China Daily reported on the visit to China by Iraqi Oil Minister Hussein Shahristani. Mr. Shahristani, the story said, "welcomed Chinese oil companies to participate in the reconstruction of the Iraqi oil industry." That was alarming, but understated.
Stratfor, the American investment research service, was more directly to the point, in a report dated September 27, 2006 (a month before Minister Shahristani's visit, so it used the future tense). The Minister "... will talk to the Chinese about honoring contracts from the Saddam Hussein era. ... This announcement could change the face of energy development in the country and leave U.S. firms completely out in the cold."
The oil wars are abject failures. The Project for a New American Century wanted, in a fantasy of retrograde imperialism, to remove Saddam Hussein from power. President George Bush launched an overt act of military aggression to do so, at a cost of more than 3,000 American lives, hundreds of thousands of Iraqi lives, and half a trillion dollars. In the process he has exacerbated the threats from international terrorism, ravaged the Iraqi culture, ruined their economy and their public services, sent thousands of Iraqis fleeing their country as refugees, created a maelstrom of sectarian violence, dangerously destabilized the Middle East, demolished the global prestige of the United States, and defamed the American people.
Richard W. Behan lives and writes on Lopez Island, off the northwest coast of Washington state. He is working on a new book, To Provide Against Invasions: Corporate Dominion and America's Derelict Democracy. He can be reached at rwbehan@rockisland.com. (This essay is deliberately not copyrighted: It may be reproduced without restriction.)
© 2007 Independent Media Institute. All rights reserved.
View this story online at: http://www.alternet.org/story/47489/