http://www.newsmax.com/archives/articles/2001/4/12/202947.shtmlOil-Hungry U.S. Reconsiders Iraq
NewsMax.com Wires
Friday, April 13, 2001 WASHINGTON (UPI) -
The United States is entering a period of relative shortages of energy that will require an overhaul of U.S. foreign policy, including possibly revamping sanctions against Iraq, an independent task force of energy and foreign policy experts told the White House in a report released Thursday.
The report, drafted by a panel assembled by the James A. Baker III Institute for Public Policy at Rice University and the Council on Foreign Relations, was submitted this week to the White House energy task force headed by Vice President Dick Cheney.In its comprehensive look at the United States' energy situation, the panel warned that increasing domestic energy supplies and reducing consumption would not be enough to insulate the United States from the ups and downs of world oil markets, particularly in the volatile Middle East.
"Tight markets have increased U.S. and global vulnerability to disruption and provided adversaries undue potential influence over the price of oil," the report said. "Iraq has become a key 'swing' producer, posing a difficult situation for the U.S. government."
Political turmoil in the Middle East, including the Arab-Israeli conflict and potential internal unrest in the Persian Gulf states, gives Iraqi dictator Saddam Hussein greater leverage in using his vast oil reserves as an economic and diplomatic weapon. To offset Iraq's "destabilizing influence" in the Middle East, the panel recommended the United States and its allies consider refocusing the sanctions more toward curbing Baghdad's weapons development programs and less on stifling the Iraqi economy to the detriment of its everyday citizens.
....more pre-war propaganda follows...snip...