shocking news!!!! British and US companies win Iraq oil contracts

spanone

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Mon Jun-30-08 09:00 AM
Original message

shocking news!!!! British and US companies win Iraq oil contracts

mission really accomplished

The Iraqi government is to award a series of key oil contracts to British and US companies later today, fuelling criticism that the Iraq war was largely about oil.

The successful companies are expected to include Shell, BP, Exxon Mobil, Chevron and Total.

Non-Western companies, notably those in Russia, are expected to lose out.

The technical support contracts will give the companies access to Iraq's vast untapped oil fields. Oil production in Iraq is at its highest level since the invasion in 2003. The Iraqi government wants to increase production by 20%, as the country has an estimated 115bn barrels of crude reserves.

The US state department was involved in drawing up the contracts, the New York Times reported today.

http://www.guardian.co.uk/world/2008/jun/30/iraq.oil?gusrc=rss&feed=networkfront

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fascisthunter

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Mon Jun-30-08 09:02 AM
Response to Original message

1. Now You Know Who Profited from This War and Occupation

follow the money.....

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spanone

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Mon Jun-30-08 09:04 AM
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2. is the state dept. supposed to be involved in oil contracts??? guess now they are

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fascisthunter

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Mon Jun-30-08 09:05 AM
Response to Reply #2

3. collusion between corporations and government=fascism

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madokie

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Mon Jun-30-08 09:06 AM
Response to Reply #2

5. In bushworld

everything is what it isn't and I mean everything. Totally turned upside down

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maddezmom

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Mon Jun-30-08 09:06 AM
Response to Original message

4. looks like the contracts haven't been signed

yet anyway.

Iraq fails to sign contracts with foreign oil majors
http://news.yahoo.com/s/afp/20080630/ts_afp/iraqoil_080630132523

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spanone

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Mon Jun-30-08 09:07 AM
Response to Reply #4

6. geez, maybe we'll have to invade them again

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The Stranger

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Mon Jun-30-08 09:09 AM
Response to Original message

7. NPR (Neocon Public Relations) reported this without even admitting THEY WERE NO-BID CONTRACTS, but

clearly saw it relevant enough to talk about the global price of oil and domest cost of gasoline -- in the very same fucking story.

NPR whores to the rescue!

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rwork

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Mon Jun-30-08 09:22 AM
Response to Original message

8. CNN

As dumb as they are announced this morn.,Iraq will be taking bids this morn., on their oil fields. Like it is open to all bidders.

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spanone

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Mon Jun-30-08 09:25 AM
Response to Reply #8

9. wrong cnn, these are no-bid contracts....cnn is mis-informed and mis-informing

Edited on Mon Jun-30-08 09:26 AM by spanone

http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?_r=1&oref=slogin

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spanone

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Mon Jun-30-08 09:46 AM
Response to Original message

10. i wonder how many soldiers we will have to keep in the area to 'secure the oil fields'

and secure them for a private enterprise

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