That "conspiracy theory" sounds good at first (they all do), but had some wrong info. It doesn't take 10 billion to do a study. I've worked with oil people and they would get a lot of REAL ACTION for that kind of $'s. So, truncate by 4 or 5 zero's. You can spend more, but there is no need unless you are ready to actually start.
UNOCAL has it's own problems & drops out:
"Citing low oil prices, concerns over Osama bin Laden, and pressure from women's groups, Unocal withdraws from Afghan pipeline consortium. Unocal also announces a 40 percent drop in capital spending for 1999 because of low oil prices."
This is more real, but not as glamorous as the "feel good" tabloid front-page stuff.
Other reasoning is also cockeyed, as 151 points out.
Ever done any Engineering? We sit around, dream up these plans, submit them, fail to get budget approval and file them. Then somebody 10 years later someone comes running down the hall yelling, "where is it?"!!!! Out come the plans. Events change and re-shape things. A plan that got shelved in one set of circumstances will get pulled out, dusted off and re-used in another. We make necessary changes "on-the-fly".
And like it or not, dusting off that old plan would stabilize Afghanistan and make it a going concern. If you have to "nation-build", do it so everybody gets some benefit.
BTW, if George W. is smart he will do it for yet another reason. It is a better trap for that gang of terrorists than stirring up Iraq would be. Use the oil project for bait!!! Those former "goons of Afghanistan" can't let it be a successful project without taking a shot at it, literally.
Mustang