Its not about money or oil.

The Math:

$12,500 for Victims in Blackwater Incident is:

$12,500USD X 27,499,638 (population of Iraq) is:

343 Billion Dollars

Iraq Oil is worth $90 X 112 Billion barrels:

10 trillion dollars!

Therefore:

Iraqi oil is worth 29 times more than the entire Iraqi population.

Maybe they should insist on payment in EURO ...