Of course it's about Oil, well not completely, but primarily yes. I suppose the real story here is that Greenspan said it. Bush seems to be Greenspan's scapegoat at the moment.
The new Iraqi Oil legislation, the "Iraqi Hydrocarbon Law", which was written by the Elites in America, is being pushed through the Iraqi Congress admist tremendous rebellion. The major news rarely mentions this, but one of the main reasons right now for the Iraqi Insurgency is this Oil Law, which gives control of Iraq's oil to American and European companies.
The Iraq War (and the larger War on Terror) is mostly about the control of Oil resources. The US wanted to take advantage of a first strike to control the region before rivals such as China and Russia could do the same. The Administration, as well as those previous, are well aware of the Peak Oil crisis, and this is the underlining factor guiding this foreign policy.
The current point of view among the Elites is that this military agression is absolutely necessary to sustain the global oil-based economy a little while longer. These wars are the battles of a struggle that will occur over Oil resources in this new century.
www.peakoil.comhttp://www.lifeaftertheoilcrash.net/http://www.hubbertpeak.com/http://www.theoildrum.com/http://en.wikipedia.org/wiki/Hubbert_pea...
