Wasn't/isn't there an embargo on Iraqi oil? If so, it is kind of tough to profit on something you cannot sell. Any pre-embargo stats?
"The total value of Saddam's foreign contract awards (to drill for oil) could reach $1.1 trillion."
http://www.observer.co.uk/internatio...805530,00.html
But yes, this war is all about the WMD they are finding, no?