Only if you ignore the Shi'a and Kurdish movements seeking to overthrow the government, and his belligerent, IranSaddam did not need our help to consolidate his power.
The decision to support him against Iran followed an assessment that his grip on power was not threatened. The oil we protected in the first Gulf War was the oil in the Saudi and Kuwaiti fields. Iraqi oil was never a war aim.
Cheney's own task force report in 2002 spells out why Saddam's practice of withholding oil to drive up prices had to be stopped and recommended military action.