The decision for war in Iraq had nothing to do with 9/11, war on terror, UN weapons inspections, WMDs, Iraqi human rights,Regime change or any number of other reasons the Bush/Blair spin machine would like us and surprisingly some actually still do believe. Funny how quickly they shifted from WMDs to human rights and regime change as the main reason once it was obvious their were no quantities of WMDs certainly to the degree that Bush,Cheney,Powell argued for to the UN.
Securing the Oil fields of Iraq for increased global supply has always been the strongest most obvious reason for the war. Just unfortunately for Bush it ended up taking a lot longer then the few months they intially thought it would. And certainly a lot costlier in lives and money.
Increased supply = less per barrel for everyone. Whether it comes out of Iraq,Saudi Arabia or the North Sea.
Whether the contracts are going to China,US or Europe, makes no difference at all. If you can't understand those basic economics of supply and demand then I see why you might still clutch to the WMDs and war on terror spin argument.
Plus I'm sure some of that money will eventually make it's way to the US directly one way or another over time.
<S>...-Gixer