Mission Accomplished for Big Oil?
How an American Disaster Paved the Way for Big Oils Rise -- and Possible Fall -- in Iraq
By Greg Muttitt
Source: TomDispatch.comFriday, August 24, 2012
http://www.zcommunications.org/mission-accomplished-for-big-oil-by-greg-muttitt
In 2011, after nearly nine years of war and occupation, U.S. troops finally left Iraq. In their place, Big Oil is now present in force and the countrys oil output, crippled for decades, is growing again. Iraq recently reclaimed the number two position in the Organization of the Petroleum Exporting Countries (OPEC), overtaking oil-sanctioned Iran. Now, theres talk of a new world petroleum glut. So is this finally mission accomplished?
Well, not exactly. In fact, any oil company victory in Iraq is likely to prove as temporary as George W. Bushs triumph in 2003. The main reason is yet another of those stories the mainstream media didnt quite find room for: the role of Iraqi civil society. But before telling that story, lets look at whats happening to Iraqi oil today, and how we got from the no blood for oil global protests of 2003 to the present moment.
Here, as a start, is a little scorecard of whats gone on in Iraq since Big Oil arrived two and a half years ago: corruptions skyrocketed; two Western oil companies are being investigated for either giving or receiving bribes; the Iraqi government is paying oil companies a per-barrel fee according to wildly unrealistic production targets theyve set, whether or not they deliver that number of barrels; contractors are heavily over-charging for drilling wells, which the companies dont mind since the Iraqi government picks up the tab.
Meanwhile, to protect the oil giants from dissent and protest, trade union offices have been raided, computers seized and equipment smashed, leaders arrested and prosecuted. And thats just in the oil-rich southern part of the country.