It's about the overproduction....

[DMS <dmschanoes@xxxxxxxxxxxxx>]

.....important, to my mind, article in section C of
today's Wall Street Journal  "Iraqi Shortfall Means Oil
Prices Could Stay High This Year."  To those of us who
have argued that overproduction, and not just of oil, is
the driving force behind the US actions, this article
comes as no surprise as it details how not one  barrel
of oil extracted after the "victory" has been exported,
how production goals are being reduced, how the oilfields
survived mostly intact but have not been brought back
into production, how oil prices have remained stubbornly
high, etc. etc.

I believe Charles Januzzi described this as a likely
scenario before the US invasion.

Sorry I don't have the URL for the article-- I get the
hardcopy.