Cheney’s bogus oil argument

By: Steve Benen
CrooksandLiars

There are probably some grounded, halfway reasonable arguments against withdrawing U.S. troops from Iraq, but the fact that the White House keeps relying on sheer nonsense suggests the Bush gang can’t think of any, either.

Consider Dick Cheney’s remarks on Sean Hannity’s radio show.

HANNITY: If we pull out too early, what do you believe the consequences would be? […]

CHENEY: For us to walk away from Iraq I think would have at least that bad an effect, probably worse, because if al Qaeda were to take over big parts of Iraq, among other things, they would acquire control of a significant oil resource. Iraq has almost 100 billion barrel reserves, producing 2.5-3 million barrels of oil a day. If you take a terrorist organization like al Qaeda and give it that kind of revenue, there’s no telling the amount of trouble they could get into.

It’s hard to overstate how far-fetched this is.

(Continued here.)