Today's Independent has some interesting insight into behind the scenes efforts to lay Iraq's oil to exploitation by US and UK oil companies. A draft law is being put forward that would allows these firms to sign deals allowing them access to Iraqi petroleum reserves for up to thirty years.
Who do you think has had a first shot at reviewing the legislation? Not Iraqi MPs but the "US government,...major oil companies in July, and...the International Monetary Fund"!
Could the fact that the Decider (TM) seems to have decided to ignore the advice of his father's mate, James Baker, and escalate the war be driven by a desire to shore up the failed Iraqi government long enough to get this bill made into law? Then he could cut and run with the oil between his legs.
Who do you think has had a first shot at reviewing the legislation? Not Iraqi MPs but the "US government,...major oil companies in July, and...the International Monetary Fund"!
Could the fact that the Decider (TM) seems to have decided to ignore the advice of his father's mate, James Baker, and escalate the war be driven by a desire to shore up the failed Iraqi government long enough to get this bill made into law? Then he could cut and run with the oil between his legs.
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