When was the "War On Drugs" slogan created? During the first years of the Reagan Administration. During the Iran/Contra Affair. The U.S. was involved in drug trafficking then. I bet that business never went away, and it's just something passed on from administration to administration. The "War On Terror" was the "War On Drugs" with a new title. Same story, different title. Like Nosferatu and Dracula. It makes sense because the "War On Drugs" was failing because of books like "The Emperor Wears No Clothes", etc... The oil is just icing on the top.