Does Anyone Know What's Going On Here?

I heard a report on NPR the other day where a U.S. Senator was questioning an Executive Branch official about the war in Iraq. Senator Bob Corker (Tennessee) was asking former Deputy Secretary of Defense John J. Hamre to explain why we have not done more to keep Iraqi oil from falling into the black market. This was after a question by Sen. Corker elicited the information that from 200,000 to 400,000 (no one knows for sure) barrels of Iraqi oil per day is lost to the black market.
I now quote the exchange between these two men.
Sen. Corker: "Is there a reason we have not employed methods to keep 400,000 barrels of oil from going into the wrong hands?".
Sec. Hamre: Iraq has had a "very elaborate . heavy duty black market" in oil since the first Gulf War.
Sen. Corker: "Are you saying the reason we're not intervening is that would create other issues . we'd have to deal with?"
Sec. Hamre: "My sense is that we have had our hands full with a full range of things and this probably was a problem that wasn't as imminent as people shooting at us."
Does this raise any eyebrows with you? Do you think that perhaps if this much oil is falling into the wrong hands, that perhaps the cash received from selling this oil is also falling into the wrong hands and is financing at least some of the “other side” of the war in Iraq?
If the lower number of 200,000 is used, at an oil price of $50 a barrel, that’s 10 million dollars a day (3.65 billion dollars a year) that is going to people that may well be using it to shoot at us.
If the Secretary’s last statement is any indication, perhaps if we would work harder to cut off the flow of money to the “other side”, maybe they wouldn’t be shooting at us quite as much. Or maybe I’m the only one who doesn’t get it.
Don’t try to Google this story. There just isn’t anything on the Internet about this. No news people have picked this up. No reports have been published. There is virtually no information on this except for this brief exchange that was reported by a couple of private news organizations. Even Senator Corker’s office couldn’t comment on it.
What’s going on here?