George W. Bush was elected twice with the key help of the major oil
companies' contributions to his campaign. In other words he owed them big time.
Early on in the planning concerning the war on Iraq, the original concept was simply to topple Saddam and put someone else in charge who would be friendlier towards the U.S. in the region. That would mean someone strong enough to keep the opposing factions in line, but more importantly someone who'd allow a few little (hardly even noticed, or worth mentioning) U.S. strategic military bases on Iraqi soil. These bases would be close enough to major targets in the area without endangering Israel becoming an object of retaliation, because the attacks were launched from Iraq.
The U.S. would become a major influence in the Middle East, weâ€™d become a major factor in the control of Iraq's huge oil reserves and of setting their oil prices, and maybe finally forcing a peace that GW could take credit for. A good enough plan, even an admirable plan from the Bush White House.
But remember a big favor hangs over Bush's head for financing him into the Oval Office!
Many outraged editorials were written after the beginning of the U.S. led invasion of Iraq about Bush just wanting the oil reserves for his buddies in Texas, but we've all been misled. The major powers that be in Houston not only didn't want possession of the oil reserves in Iraq, they didn't want anyone else to have them either.
Yes you read that right!
Originally the plan was to invade Iraq and release its huge oil reserves to the world market, plummeting oil prices, and then breaking the back and sabotaging the stranglehold that OPEC has on the world market. Bush would be a hero after gasoline prices dipped back to or even below a dollar a gallon, the economy would explode when Americans suddenly had more buying power, and GW would probably have a giant "Saddamesque" statue erected of himself in national mall that would rival the Washington Monument.
Why was the plan sidelined in 2003?
Bush needed/wanted/craved/coveted reelection in 2004, and, without big oil's financial backing, that was simply not going to happen. Can you imagine the outrage in Houston when they caught wind of the White Housesâ€™ plan? They weren't about to let "good ole' boy" Bush interfere with their own plans to completely suppress Iraq's oil reserves, because if they were released, those record-breaking, obscene, and unimaginable oil company profits that everyone's so outraged about lately (except rich Republican stock holders that is) would evaporate in mid air; that's why!