Hey, I Thought We Went To Iraq For Oil! So How Come Companies from China, India and other Asian nations are seen getting the first contracts?
By: Pam On: Apr/5/07 - 9 Comments
Well this blows! The left has been screaming that this is a “War for Oil”, so how come we didn’t get first crack at the oil contracts?
Despite claims by some critics that the Bush administration invaded Iraq to take control of its oil, the first contracts with major oil firms from Iraq’s new government are likely to go not to U.S. companies, but rather to companies from China, India, Vietnam, and Indonesia.
April 5, 2007 - 10:49 PM on April 5th, 2007
Bush try to rob Iraq for oil. —- true, he tried along with his “revenge”
is he successful? —- No..
Why? —— simple, nobody want a robber in their backyard.. so do Iraqis
April 6, 2007 - 12:57 AM on April 6th, 2007
Is the question of why we fight going to be re-opened?
The Pentagon provided “inappropriate”analysis for its reports of a strong link between Saddam Hussein and Al Qaeda, a finding that was cited by the White House as a rationale for invading Iraq, a report by the Pentagon inspector general says.
April 6, 2007 - 06:08 AM on April 6th, 2007
3.
We can- but I think that has been answered by most already, even though folks have come up with differnt conclusions.
April 6, 2007 - 07:22 AM on April 6th, 2007
2- No. Did you want to address the question asked?
April 6, 2007 - 07:39 AM on April 6th, 2007
No War For Oil, Man! Once again the Left is shown to be nothing more than purveyors of cliched rhetoric.
It does bother me that the Chinese et al would get the contracts. I’d like to see the family of each American solider killed or severely injured paid $1M cash out of the oil profits, for starters.
April 6, 2007 - 08:36 AM on April 6th, 2007
If our politicians had a courage they would vote to drill in the ANWR and tell GREENPEACE and the SIERRA CLUB to TAKE A HIKE:mad:
April 6, 2007 - 11:36 AM on April 6th, 2007
More from the article:
The contracts under consideration are small.
Aljibury said the Chinese agreement is to produce about 70,000 barrels of oil a day, while the Vietnamese one is for about 60,000.
It’s hard to put a dollar amount on what those contracts might be worth, as security costs, drilling conditions and the exact terms to be offered by Baghdad are unknown, said Christopher Ruppel, a senior geopolitical analyst with the consulting firm John S. Herold.
But the barrel amount is tiny even by Iraq’s depressed post-war production of around 2 million barrels a day.
According to a letter supplied by John S. Herold’s Ruppel, memorandums of understanding have been signed with all the oil majors for several years. And Iraqi Oil Minister Hussein al-Shahristani has said the country plans to tender for major oil projects in the second half of 2007.
Steve Kretzmann, executive director of Oil Change International, an industry watchdog group, criticized the draft oil law for allowing long-term oil contracts to be awarded to foreign oil firms, a practice he said was unique in the Middle East.
“Giving out a few crumbs to the Chinese and Indians is one thing,” said Kretzmann, who noted the draft law was seen by both the Bush administration and the International Monetary Fund before it was given to Iraq’s parliament. “But the real prize are the contracts that award long-term rights. I think the [Western oil companies] are biding their time.”
April 6, 2007 - 05:32 PM on April 6th, 2007
7- gee Mark, I bet no one would have thought to follow the link and actually read it:roll:
April 7, 2007 - 09:40 AM on April 7th, 2007
No, you didn’t go to Iraq for oil, you went for WMD!