[news] History will show U.S. lusted after oil

[Resist!ca]

by Linda McQuaig "Gaining control over oil is crucial to extending U.S. power, and will be even more so in the coming years as the world's easily-accessible oil reserves are depleted, creating ever fiercer competition for what remains. All this will make controlling the Middle East that much more crucial. Or, as Cheney put it in a speech to the London Institute of Petroleum in 1999, when he was CEO of oil giant Halliburton: 'The Middle East, with two-thirds of the world's oil and lowest cost, is still where the prize ultimately lies.'"

URL: http://resist.ca/story/2005/1/2/2445/94829