Hi!
There are two reasons that we are in Iraq, and they both have to do with oil.
Since we are in Iraq, we now control the oil in Iraq. Iraq was not a part of OPEC, and with us in there, it will not be part of OPEC. This gives us some leverage to combat the OPEC monopoly.
The second reason we are in Iraq has to do with the dollar being the main trading currency for oil worldwide. A few countries have begun using the Euro as the trading currency for oil, and we were worried about this practice spreading to Iraq and OPEC. If this were to occur, it would mean very, very serious consequences for our country's financial situation.
And, obviously, the reason that all of the above matters is we are dependent on a resource that we don't have. Our foreign trade deficit is growing every day, and it won't ever be favorable for us again until we kick the oil habit.
We can stop using oil, but it will take big changes. As automobiles were introduced, there were many people who said they would never amount to anything.
People wouldn't buy cars, they said, because they were hard to operate, there weren't any roads for them to drive on, and there weren't any places for them to refuel or get repaired.
We spent HUGE sums of taxpayer monies to build roads, and the gas stations, car repair stations, etc. were built. There were many horse-drawn buggy makers who went out of business because they couldn't see the huge change that we went through to change to oil-based personal automobiles for transport.
The sooner we leave oil behind, the better off our country will be both economically and with our physical security. I hope my two kids don't have to go fight in South-west Asia (the old Middle East) to secure the oil flow, as I did.
Cliff
GRB
PS-Our country is #1 in terms of potential wind AND solar power. Using our own resources will make us more secure and provide jobs here in America, instead of our dollars going to pay foreigners in foreign lands.
PPS-There is an excellent article on GM, and how they want to be the clear #1 auto manufacturer worldwide by building huge numbers of hydrogen powered cars. I believe that "Forbes" magazine published the article. I couldn't find this-it's on my other computer-I'll post the info from this later.
This is the best article I could find on short notice that explains why we need to kick the oil habit:
"The End of the Oil Age"
http://www.economist.com/opinion/displayStory.cfm?story_id=2155717