A lot of people say that we went to war with Iraq for oil. I want to know where this oil is being shipped, for what company, and where it is being refined. Please state your sources.
2007-08-27 16:13:19 · 10 answers · asked by Twoshot 2 in Politics & Government ➔ Politics
It hasn't happened. That's why there's no info, and no sources.
2007-08-27 16:20:09 · answer #1 · answered by askthepizzaguy 4 · 2⤊ 0⤋
The oil has been pumping. Check with the big 4 oil companies ....Exxon, Shell, Mobil, and BP. I'm sure it is being stored some place or more than likely many places. Seems nice that oil production was returned after the invasion within a week and yet almost 5 years later most of Baghdad is still without electricity, running water, or sewer.
2007-08-27 16:53:23 · answer #2 · answered by ndmagicman 7 · 1⤊ 2⤋
The top priority of the U.S. has been to get the Iraqi government to pass a law privatizing all Iraqi oil and allowing foreign (U.S.) oil companies to sign thirty year leases with little to no profit or equipment sharing and absolutely no taxation.
Prior to the war, the current administration promised Iraqi oil would be held in a trust for the Iraqi people in the event of an invasion. How quickly we forget.
Tell me what this new law has to do with the insurgency?
Now tell me again how it had nothing to do with oil?
2007-08-27 16:37:35 · answer #3 · answered by Steve 6 · 4⤊ 1⤋
Oil being a fungible commodity, it does not matter what company handles it nor where it is being refined. Increasing world production will decrease world price. As for amount of production and where it is being shipped, again the latter is pointless for any meaningful discussion. Please see the link.
2007-08-27 16:25:25 · answer #4 · answered by balthir 2 · 1⤊ 0⤋
Well, this is what Bush is trying to do with the Iraqi oil: Give 80% of it to the US oil corporations when Iraq already has the infrastructure, engineers and producers themselves.
http://www.truthout.org/docs_2006/052607Z.shtml
http://thinkprogress.org/2007/08/18/sestak-oil-law/
http://www.commondreams.org/archive/2007/06/14/1866/
2007-08-27 16:39:06 · answer #5 · answered by Anonymous · 2⤊ 2⤋
It's in Iraq, where it belongs to the Iraqi people.
The most important thing about the oil (so far) is it is not in the hands of the people who like to strap bombs to children and send them into crowds to detonate. However, if the democrats get what they want, it (and the vast wealth that comes with it) will be.
2007-08-27 16:27:13 · answer #6 · answered by Anonymous · 3⤊ 2⤋
shhhhh the oil is hidden in yak skins slung on the backs of camels and it is caravaned across the Desert to the ocean where the it is loaded onto carrier pigeons in small bottles. The pigeons then fly back to the USA where the big oil companies refine it into fuel so all the idiots can drive their hummers.
2007-08-27 16:21:47 · answer #7 · answered by seth 1 · 2⤊ 3⤋
There is no oil moving out of Iraq. That is one of the reasons gas prices are so high, enabling oil company's to make record profits. That was one of the goals of oil man Bush, cut production, and reap the profits.
2007-08-27 16:24:32 · answer #8 · answered by wisdomforfools 6 · 4⤊ 3⤋
Utah, they are claiming we have 500 years of reserves there in the shale.
2007-08-27 16:19:29 · answer #9 · answered by Nancy P 5 · 1⤊ 2⤋
The money is not in the oil but in the contracts.
Haliburton has them.
2007-08-27 16:21:41 · answer #10 · answered by Anonymous · 6⤊ 4⤋