This is nonsense, and very pernicious nonsense, as it allows the same tricksters to pull the same trick again. The truth is available with little looking.
"Iraqi oil: Once seen as U.S. boon, now it’s mostly China’s" (note all the excuses by the 'experts' for why China is so much ahead!):
"Ten years after the United States invaded and occupied Iraq, the country’s oil industry is poised to boom and make the troubled nation the No.2 oil exporter in the world. But the nation that’s moving to take advantage of Iraq’s riches isn’t the United States. It’s China.
America, with its own homegrown energy bonanza, isn’t going after the petroleum that lies beneath Iraq’s sands nearly as aggressively as is China, a country hungry to fuel its rise as an economic power.
. . .
American oil companies, in the meantime, are “barely active” in Iraq, said Robin Mills of Dubai-based Manaar Energy Consulting. There’s Exxon Mobil, which is locked in a dispute with the Iraqi government and is looking to sell at least some of its stake in the giant West Qurna-1 oil field, with the state-owned PetroChina discussed as likely buyer. The other U.S. firm operating in Iraq is Occidental Petroleum Corp., Mills said, a company that has just a minority, non-operating stake in the Zubair oil field."
"Big Oil's hassle with Iraq is China's gain" (more excuses!):
"U.S. oil companies seem to be losing interest in Iraq, which a decade ago was seen as the big prize in the global energy business with the world's fifth largest oil reserves and low production costs."China Will Soon Be Drilling A Third Of Iraq's Oil"
This is largely due to growing disenchantment with the Shiite-dominated Baghdad government of Prime Minister Nouri al-Maliki, its bloated, corrupt bureaucracy and America's own energy boom that lessens its dependence on Middle Eastern oil.
The disenchantment coincides with Washington's dismay at Iraq's unrelenting political and sectarian turmoil and Iran's growing influence, particularly since the U.S. withdrawal in December 2011.
In the meantime, China's moving in to lay claim to much of Iraq's known oil reserves of 143.1 billion barrels, which it needs to feed a burgeoning economy."
The experts are able to mislead us by fudging the term 'Iraq'. There is American oil development in the pseudo-state of Iraqi Kurdistan, part of Iraq that acts as a separate country. Of course, once Iraq gets its act together and moves to reincorporate Iraqi Kurdistan into Iraq, the civil war will gravely disrupt any oil operations.
I hate to keep repeating myself, but it was not a War For Oil. It was a War For The Jews.