Are the big oil firms preparing to grab Iraqi oil fields?

This is only one report, but AP usually is reliable. If this is true that Kuwait's largest oil field (the second largest in the world) has passed its peak production, then there may well be a good reason for American oil firms to have pushed the Iraq Invasion.

The two largest economies in the world importing foreign oil are the U.S. and China, and China's demand is increasing rapidly. China is working world-wide to lock up production contracts, and the Middle East is the largest available pool of oil, so for the U.S. to get control of it before China does could seem like a worthwhile reason to invade Iraq.

Anyway, here is the report.