. >> i teach at the american university of iraq. for the oil the united states is not going to be importing, is in china replacing the u.s. as a buyer? the second question, do you think there is any value in the reform bills, the dodd-frank bill that requires oil companies that have presence in the united states to declare their purchases from oil companies? introducing transparency in the oil market. will that battered the political downside? >> i think it is probably ok, but i do not think the transparency does much. the problem is not that people need to understand where the oil comes from better. i think what we will find is that if we succeed in getting another fuel to compete and actually get oil down to 50, 60, $70 a barrel, what is going to happen is about the same of oil will be pumped, but opec will get less for it. it is really mainly about a transfer of funds. the oil exporters, and we have moved up into those ranks, those who sell oil will get less their oil because it has a competitor. i think that is healthy for the w

i teach at the american university of iraq. to follow up with the first question, for the oil that the united states is not going to be importing and, therefore, is in china -- with the argument of -- given china's rise? and to follow question as well, a second question is, do you think there's any value in some of the reform bills, dodd-frank bill that requires oil companies that have present in the united states to declare their purchases from oil companies? basically introducing transparency in the oil market. will that better the political downside? >> i think it's probably okay, but i don't think the transparency does much. the problem is not that people need to understand where the oil comes from better so they can buy from one place rather than another. i think what we're going to find and the same thing sort of applies to china, is that if we succeed in getting and other fuel to compete and actually get oil down to 50, $60 a barrel, what is going to happen is that about the same amount of oil is going to be pumped as pum

government unable to convince iraq is they are safe in their own -- iraqis they are safe in their own streets. >> the professor of middle east studies at the american university joins us now via skype from washington. welcome to al jazeera. i understand that you believe the instability in iraq is a direct result of the u.s. invasion. is that correct? >> to a large extent, yes. clearly, there are problems and there were problems in iraq that existed as a result of the authoritarian government, which existed in baghdad. there were problems they go back for hundreds of years. there is no doubt that the situation, as it unfolded after the 1990-1991 war, the sanctions , the devastation of the iraqi infrastructure, what took place during the 2003 invasion, the solutions that were offered by the u.s. administration at that iraqis were the dealt with on the basis of their ethnic or religious background. they were either kurds, sunni, or shia. this was in a country that had begun to establish a national identity. what we ended up seeing was the whichn-ization of iraq, iraqis are paying a price for today. that is one side. there is also the responsibility that falls on