No, you’re just using the description in an incorrect, slipshod fashion.
Definition of conspiracy theory: Conspiracy theory - Wikipedia
Definition excerpted:
A conspiracy theory usually attributes the ultimate cause of an event or chain of events (usually political, social or historical events), or the concealment of such causes from public knowledge, to a secret, and often deceptive plot by a group of powerful or influential people or organizations. Many conspiracy theories imply that major events in history have been dominated by conspirators who manipulate political happenings from behind the scenes.
Now contrast that with your story:
Pertinent excerpt:
[i]“You can imagine a world in which these extremists and radicals got control of energy resources,” he said at a rally here Saturday for Rep. Marilyn Musgrave (R-Colo.). "And then you can imagine them saying, 'We’re going to pull a bunch of oil off the market to run your price of oil up unless you do the following. And the following would be along the lines of, well, ‘Retreat and let us continue to expand our dark vision.’ "
Bush said extremists controlling Iraq “would use energy as economic blackmail” and try to pressure the United States to abandon its alliance with Israel. At a stop in Missouri on Friday, he suggested that such radicals would be “able to pull millions of barrels of oil off the market, driving the price up to $300 or $400 a barrel.”
Oil is not the only reason Bush offers for staying in Iraq, but his comments on the stump represent another striking evolution of his argument on behalf of the war. The slogan of “no blood for oil” became a rallying cry for antiwar activists prior to the March 2003 invasion and angered administration officials. “There are certain things like that, myths, that are floating around,” Rumsfeld told Steve Kroft of CBS Radio in November 2002. “It has nothing to do with oil, literally nothing to do with oil.”
White House spokesman Tony Fratto said Saturday that Bush’s latest argument does not reflect a real shift. “We’re still not saying we went into Iraq for oil. That’s not true,” he said. “But there is the realistic strategic concern that if a country with such enormous oil reserves and the corresponding revenues you can derive from that is controlled by essentially a terrorist organization, it could be destabilizing for the region.”[/i]
Now do you see the difference?