'Big Oil' helped by 'Big Surrender'?



Could the Dems' Iraq Surrender Strategy™ have the unintended consequences for one of their other high-priority political causes....Outrageous Oil Company Profits™?

Imagine this scenario....
Congressional Democratic actions lead to the precipitous retreat of U.S. forces from Iraq to the safe haven of Okinawa.

The ensuing power vacuum engulfs Iraq in terrible civil war and sectarian violence.  

Under the pretense of "protecting" the majority Shi'a from the minority Sunnis, units of the Iranian Republican Guard enter into eastern and southern Iraq.



These 'expeditionary' movements by the IRGC cause oil prices to skyrocket. U.S. gas prices reach record levels.

Kuwait and Saudi Arabia, without the protective umbrella of U.S. hegemony, begin to capitulate to the "requests" of its soon-to-be-nuclear-armed neighbor to the east.  This causes oil prices to skyrocket even more.

A few months later American oil companies report "outrageous profits", even higher than were seen in 2006.

As a result congressional Democrats interrupt the 2008 campaign travel hold hearings where they badger oil company CEOs on their responsibility for these "outrageous profits". Irony is lost on the Dems...

I bring up this scenario because the one thing I haven't heard in all this debate is what effect a U.S. withdrawal would have on oil prices.  The scenario of course is hypothetical, but a withdrawal will result in violence and instability in the region, which has always resulted in spiking oil prices. I, for one, can not see any way prices could react, except to go up...and up...and up.... Then when Iran has nukes, they will stay up.

And then Big Oil™ will only get richer and richer and richer....  Remind me to continue to reinvest the dividends from the Exxon-Mobil stock that I own.

Posted: Sat - April 28, 2007 at 11:41 PM          

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