http://www.molvray.com/acid-test/2007/03/iraqs-oil-law-robbery-as-usual/ Just another soapbox surfer Wed, 08 Feb 2012 00:17:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.molvray.com/acid-test/2007/03/iraqs-oil-law-robbery-as-usual/comment-page-1/#comment-12726 Acid Test » The US Obligation to Iraq Tue, 28 Aug 2007 19:54:03 +0000 http://www.molvray.com/acid-test/2007/03/iraqs-oil-law-robbery-as-usual/#comment-12726 [...] The biggest bone of contention is, of course, who gets the money from the oil. Much noise is made about the need to pass the new Oil Law that divides the revenues from oil fairly among all Iraqis. Less noise is made about the fact that the “fair” part applies to the 20% of known reserves which are currently in production. The other 80% would be “opened to foreign investment.” The Iraqis rightly read this as “handed to Anglo oil companies.” Even some in the puppet government have balked at enabling such an obvious rip-off. [...] [...] The biggest bone of contention is, of course, who gets the money from the oil. Much noise is made about the need to pass the new Oil Law that divides the revenues from oil fairly among all Iraqis. Less noise is made about the fact that the “fair” part applies to the 20% of known reserves which are currently in production. The other 80% would be “opened to foreign investment.” The Iraqis rightly read this as “handed to Anglo oil companies.” Even some in the puppet government have balked at enabling such an obvious rip-off. [...]

]]> http://www.molvray.com/acid-test/2007/03/iraqs-oil-law-robbery-as-usual/comment-page-1/#comment-4574 Acid Test » Iraq must prove viability by being nonviable Mon, 07 May 2007 20:37:59 +0000 http://www.molvray.com/acid-test/2007/03/iraqs-oil-law-robbery-as-usual/#comment-4574 [...] It’s becoming very clear that Iraq’s Oil Law is a give-away to Big Anglo Oil. No surprise there. What’s getting less attention is the so-called benchmarks being discussed in the US Congress. These are supposed to be the end of the free ride Congress has been giving Bush. They’re supposed to show that Iraq is actually accomplishing something with all that US aid that the Americans are firmly convinced they are giving Iraq. [...] [...] It’s becoming very clear that Iraq’s Oil Law is a give-away to Big Anglo Oil. No surprise there. What’s getting less attention is the so-called benchmarks being discussed in the US Congress. These are supposed to be the end of the free ride Congress has been giving Bush. They’re supposed to show that Iraq is actually accomplishing something with all that US aid that the Americans are firmly convinced they are giving Iraq. [...]

]]>