January, 2002: Success, Big Time

It is not widely appreciated that the foreign policy George Bush has been pursuing since late 2001 has been an unqualified success - for some. Who, exactly? Consider one data point: in January of 2002, the price of a barrel of crude oil was $18 (See, e.g., this NYT story).

So who loves you George? Saudi Arabia, Vladamir Putin, Exxon Mobil (first quarter profit, $8.4 billion), Chevron ($4 billion), etc. A very bad day for the lamb might just be a pretty good one for the lion.

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