Monday, July 31, 2006

Security and Oil

The US Energy Secretary wants Iraq to open it's oil sector. The US wants to help Iraq recognize the potential gain in doing so. The country would be able to bring in large benefits if they would begin to open up trade in oil. The US wants to help Iraq gain $20 billion in investments to increase it's production. Recently Iraq has lost more than $11 billion due to terrorists attacks and theft. Iraq feels that it needs protection before it can produce more oil. The US wants other countries to help out with security and investments. Maybe the US should not involve other countries and make the investments themselves. Our oil prices are high enough. We are currently giving Iraq protection so we should open up more trade with Iraq ourselves. With more oil our gas prices should go down.
Our troops are the ones that have been over in Iraq for 5 years. Why does the government want to help other countries get more oil. Our country needs the oil. I don't see why the government wants to almost give the oil to other countries when we are the country that have been fighting over there.

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