US Navy Building Military Installation Atop An Oil Platform In Persian Gulf

[babylonsister]

Can we get anymore blatant?

U.S. Digs In to Guard Iraq Oil Exports
Long-Term Presence Planned At Persian Gulf Terminals Viewed as Vulnerable
By CHIP CUMMINS
November 12, 2007; Page A6

KHAWR AL AMAYA OIL TERMINAL, Iraq -- The U.S. Navy is building a military installation atop this petroleum-export platform as the U.S. establishes a more lasting military mission in the oil-rich north Persian Gulf.

While presidential candidates debate whether to start bringing ground troops home from Iraq, the new construction suggests that one footprint of U.S. military power in Iraq isn't shrinking anytime soon: American officials are girding for an open-ended commitment to protect the country's oil industry.

That is a sea change for the U.S., which has patrolled these waters for decades. In the past, American warships and their allies flexed the West's military might in the Persian Gulf to demonstrate a broad commitment to protect the region, which produces almost a third of the world's oil. President Jimmy Carter codified the doctrine in 1980 in response to a perceived Soviet threat.

Now, amid rising prices -- oil futures finished Friday at $96.32 a barrel on the New York Mercantile Exchange, up 86 cents -- and new vulnerabilities in the world's stretched oil-supply chain -- from militants in Nigeria to occasional Iranian threats to disrupt Persian Gulf shipping -- the Navy finds itself with an additional, much more specific role: playing security guard to Iraq's offshore oil infrastructure.

Iraq's two export terminals are an increasingly vulnerable link in that supply chain. If they are both working, they can load almost two million barrels a day, or about 2.4% of the world's daily oil needs. If the four tanker berths at Al Basra Oil Terminal, the better-working of the two, are occupied with loaded ships, the cargo would represent almost 10% of global demand.


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http://online.wsj.com/article/SB119482675431289543.html?mod=googlenews_wsj