A Quote by Michael Klare

The U.S. couldn't play a military role in different areas like Iraq and Afghanistan without huge quantities of oil. So a shortage or disruption in oil would not only damage the U.S. economy; it would undercut American military supremacy.

Michael Klare

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Michael Klare
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Born: 1942

There is a clear and strong link between the economy's present woes and the Iraq war. The war was at least one of the factors contributing to rising oil prices - which meant Americans were spending money on imported oil, rather than on things that would stimulate the american economy. Hiring Nepalese contractors in Iraq, moreover, doesn't stimulate the American economy in the way that building a school in America would do - and obviously doesn't have the long term benefits.

Joseph Stiglitz

We are not utilizing the Iraqi oil for U.S. purposes. We are not asking that the Iraqi oil be used to pay our military expenses. We are asking only that the Iraqi oil be used to rebuild Iraq - that is, to rebuild Iraq for the Iraqi people.

Arlen Specter

Controlled Middle East oil, it would control the world. This oil represents 65 percent of world oil reserves. Therefore, America believes if it squashed Iraq, it would control the oil of the Middle East and consequently hold the oil in its hands [and] fix its price the way it likes.

Saddam Hussein

Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market.

Allyson Schwartz

Speculation in oil stock companies was another great evil ... From the first, oil men had to contend with wild fluctuations in the price of oil. ... Such fluctuations were the natural element of the speculator, and he came early, buying in quantities and holding in storage tanks for higher prices. If enough oil was held, or if the production fell off, up went the price, only to be knocked down by the throwing of great quantities of stocks on the market.

Ida Tarbell

So far in facing this huge [peak oil] challenge, our political/economic system seems unable to cope with reality. We are forced to carry on living in an illusion that we have so much time to adapt to post-oil that we don't even need to be talking or thinking much about what a world without plentiful oil would look like. Reality has become too dangerous.

Madeleine Bunting

A national standard for recognizing the occupational licenses of military spouses across state lines would have many potential benefits. It would help improve military family life, add to the economy, and, importantly, allow a military spouse to fulfill their career goals.

Cindy Hyde-Smith

Right now, there are a limited number of customers for Canadian oil. Due to simple geography - and without the pipeline - it's really only cost effective for Canadian oil producers to sell their oil to North American customers, mostly American Midwesterners.

Ron Wyden

The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.

Hugo Chavez

By accident of geography, the world's major oil resources are in Shi'ite-dominated areas. Iran's oil is concentrated right near the gulf, which happens to be an Arab area, not Persian. Khuzestan is Arab, has been loyal to Iran, fought with Iran not Iraq during the Iran-Iraq war. This is a potential source of dissension. I would be amazed if there isn't an attempt going on to stir up secessionist elements in Khuzestan.

Noam Chomsky

As long as the United States - and the world - gets its oil from the Middle East, we will be drawn into the endless crises that seem endemic to the region. American energy independence would not only liberate us, it would also drive down the worldwide price of oil.

Kathleen Troia McFarland

There is a tremendous amount of oil in Iraq and it's still very, very cheap due to all the political uncertainty. So if you want to be a serious oil investor, I would say get yourself to Iraq in person and look around to find great opportunities.

Porter Stansberry

Yes and no. Because America has only about 1 percent of the population serving in the military, it is hard for many civilians to understand the sacrifices military families make. However, my experience is that after the Vietnam War, the public learned that they should support the military whether or not they support the war. You've seen that outpouring of support for the veterans of both Iraq and Afghanistan.

Steve Stivers

Kurdish autonomous region of Iraq is clearly a 'client' state of the West, of Turkey and to some extent, Israel. It is shamelessly capitalist, taking land from its own people, cheating them, just in order to pump and refine huge quantities of oil. It treats Syrian refugees like animals, forcing them to make anti-Assad statements. It is turning ancient Erbil into some bizarre shopping mall with nothing public in sight. Its military top brass is mainly US/UK-trained and indoctrinated. And it provokes Baghdad, day and night.

Andre Vltchek

Since 1945, no one in the U.S. military has liked the end result of the military conflicts we've been in: Vietnam, Korea, certainly Iraq, and probably Afghanistan. But in a democracy, you salute.

John F. Kelly

The only people benefiting in Iraq war are George Bush's Jr. friends in the oil industry. He has done the American economy and the global economy an enormous disfavor, but his Texan friends couldn't be happier.

Joseph Stiglitz

A Quote by Michael Klare

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