Yes, Sweetie, "terrorism" means oil:

The big oil companies are back in Iraq. Now that the country is safe for big oil to turn a handsome profit "Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq’s Oil Ministry for no-bid contracts to service Iraq’s largest fields, according to ministry officials, oil company officials and an American diplomat" (Today's New York Times reports).

Now that oil hunkers around $140 per barrel and promises to go even higher, big oil is hungry to gobble up the huge, easy to access oil lying within easy access under Iraqi soil. Prior to "the war on terror" Saddam Hussein had nationalized the Iraqi oil industry. Worse yet, countries like Russia and Venezuela are claiming more of the profits for their own oil. 

The Dude explains it all:  "I just want you to know that, when we talk about war, we're really talking about peace." — George W. Bush, Washington, D.C., June 18, 2002.

Bush Pushes to Drill Offshore:

Although drilling off shore would do little to alleviate the current oil crisis anytime in the near future, it would provide oil companies with additional sources of revenue as they are currently finding it difficult to come by new reserves. (See The New York Times' stories: "Will $4 Gasoline Trump a 27-Year-Old Ban?" and "Bush Calls for End to Ban on Offshore Oil Drilling.") There is an additional twist to the Bush/McCain call for off shore drilling: there aren't enough of the special ships needed to do it. The best guess is that off shore drilling won't have any effects until 2030, that's 22 more years. 

Treasury Secretary Paulson Plans To Call for More Regulation of Wall Street:

This is a breaking story that is bound to have profound ramifications over the next five years. The Washington Post reports that Treasury Sec. Paulson plans to present his views advocating new regulation during a speech later today.