Cafe of Broken Dreams by John scientific terrorist in action

Americans are not in Iraq due to Oil

There has been many theories that Americans invaded Iraq due to Oil revenues, my problem is that the Iraqi oil revenues cannot cover the costs of war at all, so all those theories are based on the idea that they cannot do elementary math in Washington?

Americans are in Iraq because oil profits will pay everything

source of numbers is here

The USA would have to withdraw Iraq now and control all the Iraqi oil production for at least 140 years to cover all its direct costs and more than 500 years to cover total costs!

The Iraqi oil profits cannot pay the total war costs at all.

Americans attacked Iraq because Hussein did not want to use the dollar anymore

Buying power of the Iraqi oil is absolutely minimal compared to the whole American economy, there is also dozens of countries with bigger economy using dollar (China, Saudi Arabia, Singapore, Hong-Kong).

Or take a look at Kuwait, which is a larger economy than Iraq and stopped using the USD and Kuwaiti dinar has been re-pegged to a basket of currencies.

Sources:

1 – Iraq war costs source – Reuters

2 – Iraqi oil revenues (the biggest annual revenue in the history – 2008) – Energy Information Administration

3 – Iraqi oil profits – my estimate based on profits of large OPEC companies - OPEC