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It would have been much cheaper to buy off the Hussein family, and play them against the Iranians if cheap oil was the objective.

Each trillion dollars is about $10,000 per US tax payer and turmoil typically means less production, which means lower supply and higher prices.

The US would have done shale oil more quickly.

But thank you for pointing out that the military is a gigantic subsidy for the oil industry.

That's a great question

It can't be all that many, since the US is now a net exporter.

20 years later, after importing around 4 billion net barrels per year for that period. We now had seven months where we shipped around ten million more barrels per month than we imported. Back to a net importer as of May though.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...

yeesh... I mean, not that that data point isn't important but fucking hell is that grim.