would be no quicker way to shut down our economy than that. >> as bush and cheney take office in january 2001, they inherit a country that is thirsty for oil. and a familiar enemy who's sitting on a sea of it. >> in iraq, the oil is right there on the waterfront. all you got to do is stick a straw in it, pipe it out to a boat. boat goes around the straits of hormuz and there it is in european markets. >> what it has and what it puts on to the world market makes it a very important player. it was an oilman's mecca or utopia, for sure. mine was earned in korea in 1953.
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