Look! There really is success in Iraq! ....We gots oil now!

[ElsewheresDaughter]

Deals With Iraq Are Set to Bring Oil Giants Back
http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?_r=2&hp&oref=slogin&oref=slogin





BAGHDAD — Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.

Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq’s Oil Ministry for no-bid contracts to service Iraq’s largest fields, according to ministry officials, oil company officials and an American diplomat.

The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations.

The no-bid contracts are unusual for the industry, and the offers prevailed over others by more than 40 companies, including companies in Russia, China and India. The contracts, which would run for one to two years and are relatively small by industry standards, would nonetheless give the companies an advantage in bidding on future contracts in a country that many experts consider to be the best hope for a large-scale increase in oil production.

There was suspicion among many in the Arab world and among parts of the American public that the United States had gone to war in Iraq precisely to secure the oil wealth these contracts seek to extract. The Bush administration has said that the war was necessary to combat terrorism. It is not clear what role the United States played in awarding the contracts; there are still American advisers to Iraq’s Oil Ministry.


I thought the * admin wouldn't touch the oil because that's ...ahem...NOT why went there.

There seems to be a lot of election season damage control going on here.

One might say the surge went so well it struck oil.



.

[liberal N proud]

1. So the price of gas should go down?

Or are they holding high until the Oil Companies get their greasy hands on ANWAR and the Coast Lines?

[ElsewheresDaughter]

3. oh they'll deff be holding out for that one

[rurallib]

2. you add up the cost of the gas itself, the army it trakes to secure it

the environmental damage and the tax breaks and the rights fees not received from the oil companies and the true cost of gas in this country is around $10 + per gallon.

[gkhouston]

5. Ssh... it's Not Nice to spoil the surprise by telling people what they'll be getting for Xmas. n/t

[rucky]

4. Note the date of this document:

http://www.judicialwatch.org/IraqOilFrgnSuitors.pdf

[ElsewheresDaughter]

6. Hey, our companies must have just out-bid the chinese and venzualuan companies............

ahhh the beauty of no bid contracts!!!!

[Extend a Hand]

7. I wonder why God put our oil

under their sand?

:sarcasm:

[TahitiNut]

8. Exxon Mobil, Shell, Total and BP ... The U.S., the Netherlands, France, and the U.K.

Funny 'bout that. :eyes:

[Bozita]

9. Mission Afuckingcomplished!

Stretch a banner over Main Street in every city, town, and village in America.

[Flying Dream Blues]

10. Yes, I remember being told by a Limbaugh-listening Bushlover: "You're CRAZY

if you think this war has anything to do with OIL." My jaw almost hit the floor.

That was about the time I wrote off trying to talk to her about anything except the weather. Just not worth it.

[rucky]

12. Funny, I remember being told by a neocon...

"How else are we going to get our oil?"

it was so creepy the way she said it all matter-of-factly like that.

[Flying Dream Blues]

13. That IS creepy, but at least they are up front about their greed. People such as the

one I was talking about have to get their war on by wrapping it in the flag and our good works...saving the Iraqis from Saddam Hussein and defending our country from the godless terraists who all want to kill us for our freedoms. She would never admit that our Great Nation had anything but the highest intentions. And yet the million or more dead Iraqis are collateral damage and the don't get her started on our troops "THEY VOLUNTEEEEERED". It's just such delusional BS that it boggles my mind.

[SpiralHawk]

11. "What's good for the oil companies, is good for republicon cronies." - Republicon cronies

"Too bad about you, America and Planet Earth. Smirk."

- Republicon Oil Cronies