Do those who claim that America is in Iraq for oil realize that we get only 4% of our oil from Iraq?

Question

Check this on the Internet, "Crude oil and total oil imports"

Answer 1

July 2007 Import Highlights: Released on September 17, 2007
Preliminary monthly data on the origins of crude oil imports in July 2007 has been released and it shows that one country has exported more than 1.50 million barrels per day to the United States. Including that country, a total of four countries exported over 1.00 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 68 percent of United States crude oil imports in July while the top ten sources accounted for approximately 86 percent of all U.S. crude oil imports. The top sources of US crude oil imports for July were Canada (1.797 million barrels per day), Mexico (1.469 million barrels per day), Saudi Arabia (1.434 million barrels per day), Venezuela (1.167 million barrels per day), Nigeria (0.890 million barrels per day). The rest of the top ten sources, in order, were Algeria (0.520 million barrels per day), Iraq (0.460 million barrels per day), Angola (0.392 million barrels per day), Colombia (0.207 million barrels per day), and Kuwait (0.197 million barrels per day. Total crude oil imports averaged 9,901 million barrels per day in July, which is a decrease of (0.082) million barrels per day from June 2007.

Canada remained the largest exporter of total petroleum in July, exporting 2.317 million barrels per day to the United States, which was a decrease from last month (2.375 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1.605 million barrels per day.

CANADA
MEXICO
SAUDI ARABIA
VENEZUELA
NIGERIA
ALGERIA
IRAQ
ANGOLA
COLOMBIA
KUWAIT
LIBYA
UNITED KINGDOM
ECUADOR
BRAZIL
EQUATORIAL GUINEA

Answer 2

Immediately after the invasion of Iraq and the defeat of Saddam Hussein's army,an oil pipeline was built straight to Israel. This was done before anything else. In Bagdhad there are still places where the basic utilities such as running water and electricity(destroyed by the bombing) has still not been replaced. But Israel is getting the oil every day.

Answer 3

Iraq has the second or third largest oil reserves in the world. It isn't so much about how much oil WE use, it is how much oil we control. Remember, that that oil would be sold around the world and Exxon/Mobil and other US companies will make profit from those sales.

Of course, unless you are a stock holder or work for them, the average American gets little or no benefit from the Iraqi oil sales. Most of these companies pay relatively few taxes, and have been given additional tax breaks and credits by this government.

Answer 4

Actually the war is partially "about" oil (not "for"oil).. there needs to be stability in the Mid East and the oil fields need to be kept out of the control of the Islamic Jihadist. World oil prices effect us no matter where we get our oil... You may have heard that the Saudis have placed 10s of thousands of troops around their oil fields.... It's a thin line that we walk over there.

Answer 5

I think that the claim is that America is in Iraq for no good reason.
Forget the oil.

Answer 6

This is very true... but you aren't telling the whole story: Middle Eastern oil controls the market prices. It would be very advantageous to have some control over a huge share of oil in the Middle East (and Iraq is sitting on huge reserves of oil).

Oil drilling in Mexico or Canada or Venezuela (which is part of OPEC) is just as costly to produce in the Middle East. The oil companies have to compete against oil from the Middle East so they have to match the prices of OPEC.

Answer 7

You don't really think that PNAC was going to steal all that oil just to give it away, do you?

By controlling the world's third largest oil reserve in Iraq and slashing its output, they have been able to jack the price of oil up to $80/bbl resulting in record profits for Cheney and all his oil company sponsors.

Answer 8

Lets see now we have been burning the Iraqi oil fields for 4 years now! Is that a clue for why we're only getting 4 percent of our oil from Iraq?
THE OIL FIELDS IN IRAQ ARE BURNING
Thanks

Answer 9

I wish we would! yet, in case you advise develop into isolationist back it probably won't take place. each and every time we did that Europeans just about destroyed themselves with conflict and after the 2d international conflict while the states replaced into headed in direction of isolationism back they have been the 1st to whine cry and plead for us to no longer. Oh! My mistake. it is till finally all their economies have been rebuilt and we would spent 40 years or greater paying the final public of their protection budgets for them. To a extensive quantity we nonetheless do this. Then all of them needed the U. S. we paid for that for years and nonetheless do pay the main important factor of its value. No if it got here to the element that American began to withdraw from the international scene back you will possibly quickly have the lot moaning at us because of the fact we did no longer do something and then interior the subsequent breath they had moan because of the fact we do. united states of america each each now and then does stable issues and each each now and then undesirable issues like the different u . s . a . yet many times the international needs us to hold the can for each thing and that i might call the French greater effective than all and sundry else in that.

Answer 10

therein lies the problem...it is only 4% NOW, so why not shake them down? meanwhile, millions of oil barrels are 'missing' daily due to the lack of stability in the region. I am not saying who is stealing it, but I am saying it is stolen, and therefore unaccounted for. Anyhow, 100% of their oil controls the region, and the factions inside Iraq. It is more powerful than you let on.

Answer 11

Didn't the Bush administration claim that Iraqi oil would pay the costs of our "liberating them and rebuilding their infrastructure"? What a joke!