Is it really a blunder? It's already been pointed out that many of the actions of the US seem calculated to inflame not just iraqis but the whole middle-east. The seeming inability to rebuild the water, telephone and sanitation infrastructure, the looting of the national museum (complete with a widely distributed photo of 3 US soldiers cutting a tapestry or mural off the wall of what appears to be the inside of a museum) The anonymous hit squads who seem to be knocking off both sunni and shiite clerics and community leaders. DU contamination. Not finding the WMD's despite every opportunity to plant them if needed. Abandoning the palestinians. Scott Ritter's 180 on the WMD's, reinforcing global anti-war public opinion. The torture scandal, complete with pictures cheerfully supplied by media outlets that almost completely ignored decades of US atrocities in latin america.
All this is dramatically endangering the world's future access to cheap oil from the middle-east.
Here's a theory:
If they wait for rising exploration and exploitation costs to drive the price higher the profits will rise very steeply for a brief period and then plummet as the oil is pumped dry. On the other hand, if they create artificial politically-based scarcity:
1) long term profits will be much higher since oil will continue to flow in a high-price environment for some time.
2) reserves will be depleted more slowly, allowing capitalist economies more time (and 'market inducement'
to retool their energy sources.
3) continued national access to ME oil will no longer simply be a function of ability to pay, but will be derived in large part by access to the technical means (i.e. military force) to ensure access. This of course puts the US in the driver's seat.
How does this scenario fit with the afghanistan invasion? Besides further inflaming muslim countries (drawing on fundamentalist islamic movements that the USA itself helped to create and nurture, starting with the fall of the shah) it cuts off china's access to the region.
Perhaps we're seeing a deliberate strategy of regional destabilization.
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