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Iraq's Oil

Original post made by Jag Singh, Duveneck/St. Francis, on Jan 25, 2007

In breaking news, the London (UK) Independent has published details of a new law – the ‘Hydrocarbons Law’, drafted to ensure the ‘sale’ of Iraqi oil on terms extremely favorable terms to US & UK multinational oil companies. Greg Muttitt, of Platform, a human rights and environmental group that monitors the oil industry, was highly critical of the tight provisions in the new law which would effectively weaken Iraq’s possession of its precious resources for the next 30 years. The law was drafted by BearingPoint, an American consulting firm which has been granted highly lucrative contracts in Iraq. News of the leaked document has been condemned throughout the world as an unprecedented giveaway and exposes unequivocally the real purpose of our misadventure in Iraq.

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Comments (9)

Like this comment
Posted by ten18
a resident of Another Palo Alto neighborhood
on Jan 25, 2007 at 12:44 pm

It's about time. We need the oil, and we certainly should be compensated for our efforts in that hell-hole.


Like this comment
Posted by Walter_E_Wallis
a resident of Midtown
on Jan 25, 2007 at 7:57 pm

Anybody remember "The Little Red Hen?"
A favorable contract is the least Iraq owes the United State. Why give the same deal to the countries who sold Saddam the tools to keep the people enslaved as to the countries who freed them?


Like this comment
Posted by Robin
a resident of College Terrace
on Jan 26, 2007 at 7:58 am

Zionists have to throw a few scraps to their corporatist shabbos goy.

Nothing to see here. Move along, move along.


Like this comment
Posted by Walter_E_Wallis
a resident of Midtown
on Jan 26, 2007 at 8:30 am

[Post removed by Palo Alto Online staff.]


Like this comment
Posted by Robin
a resident of College Terrace
on Jan 26, 2007 at 8:43 am

[Post removed by Palo Alto Online staff.]


Like this comment
Posted by Robin
a resident of College Terrace
on Jan 26, 2007 at 9:08 am

[Post removed by Palo Alto Online staff.]


Like this comment
Posted by Walter_E_Wallis
a resident of Midtown
on Jan 26, 2007 at 2:46 pm

[Post removed by Palo Alto Online staff.]


Like this comment
Posted by Robin
a resident of College Terrace
on Jan 26, 2007 at 3:06 pm

[Post removed by Palo Alto Online staff.]







Like this comment
Posted by Walter_E_Wallis
a resident of Midtown
on Jan 26, 2007 at 9:33 pm

[Post removed by Palo Alto Online staff.]


Sorry, but further commenting on this topic has been closed.

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