Ok Genius here it is:
Bush gives new reason for Iraq war
Says US must prevent oil fields from falling into hands of terrorists
By Jennifer Loven, Associated Press | August 31, 2005
CORONADO, Calif. -- President Bush answered growing antiwar protests yesterday with a fresh reason for US troops to continue fighting in Iraq: protection of the country's vast oil fields, which he said would otherwise fall under the control of terrorist extremists.
2007-09-01 15:59:29
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answer #1
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answered by fredrick z 5
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I suppose you could research this out on the internet..How hard would it be? What else is there in the middle east beside oil that's kept the west in general and the US in particular there since the end of WW1? As an ironic aside, the first two FOBs (forward operating bases) in Iraq were named 'Shell' and 'Exxon'....a direct order came down from the Sec Def when this became known.....rename these bases and never do that again! It's all about oil. If you don't like the messenger, at least deal with the message!
2007-09-01 23:04:53
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answer #2
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answered by Noah H 7
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The top priority of the U.S. is for the Iraqi government to pass a law privatizing the oil fields, and allowing foreign (U.S.) corporations thirty-year leases essentially free of any taxation.
Tell me, what does this have to do with fighting terrorism? And if nothing, then why is it such a high priority except for the fact that oil is our real interest?
The new law would...
1. Allow two-thirds of Iraq’s oil fields to be developed by private oil corporations. In contrast, the oil industry has been nationalized in every other major Middle Eastern producer for over 30 years.
2. Place governing decisions over oil in a new body known as the Iraqi Federal Oil and Gas Council, which may include foreign oil companies;
3. Open the door for foreign oil companies to lock up decades-long deals now, when the Iraqi government is at its weakest.
Overall, the law would secure the agenda of ExxonMobil, Chevon, and the other majors, robbing the Iraqi people of their most basic source of wealth. Much is at stake. With 115 billion barrels of proven reserves ($7 trillion worth at $64 per barrel) and another 215 billion possible or likely ($14 trillion), there’s nearly a million dollars of oil for every Iraqi citizen. It’s a vast and precious national resource—but only if Iraqis are allowed to control it themselves.
2007-09-01 22:59:31
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answer #3
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answered by Steve 6
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Look, few people actually claim this. Why do you need to pay attention to them, let alone stew about it?
But it should be recognized that the fact that Iraq has a large supply of oil makes them more strategically important to us, and thus more likely that we'll want to meddle in their affairs.
But here's the REAL reason why we went to Iraq: To implement the Neocon's grandiose scheme to remake the Middle East, to spread Democracy (as if it would be a piece of cake) and thus make the world safe for Israel.
Was it worth it? How did that plan work out, anyway?
2007-09-01 22:59:05
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answer #4
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answered by Anonymous
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There's no direct proof -- just speculation.
But it's pretty good circumstantial evidence -- Bush has long family ties to the oil industry, and to Saudi Arabia.
Cheney has strong corporate ties to Halliburton, which has a significant interest in many foreign oil projects.
So, it's good odds that the oil companies played at least some part in the decision making process -- given that several other countries were a more direct threats or a more direct link to the terrorists that we were supposedly after.
2007-09-01 22:54:10
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answer #5
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answered by coragryph 7
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Theres no true solid proof but if you have commen sense you would understand the truth. Im sure were going there because their governemtn is corrupt and we need to help them out, it cant be any more corrupt then our government. Get your head out of the clouds and come back to reality where power means everything.
2007-09-01 23:14:44
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answer #6
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answered by Anonymous
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I'm going to step on that little Chihuahua with the teeth!!!!
"No-bid contracts" is the reason for being in Iraq.........much better than oil or gold, Guaranteed money from the American Tax payer..........
2007-09-01 23:21:42
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answer #7
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answered by Anonymous
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OK, here's the information... now I'd like you to explain why passage of this Iraq Oil Law is so important that it is one of the 18 benchmarks for measuring success of the Surge. Fair enough?
I think the best place to look for an answer is with the Iraqi Hydrocarbons Law, more commonly known as the Iraq Oil Law. The Republicans drafted it, the Democrat-controlled Congress made signing it as a condition for continued reconstruction aid. It's not a partisan issue, the US is holding Iraq hostage for their oil.
The Iraq Oil Law (Highlights):
-- The law would change Iraq's oil system from a nationalized model -- all but closed to U.S. oil companies -- to a privatized model open to foreign corporate control.
-- At least two-thirds of Iraq's oil would be open to foreign oil companies
-- Iraq National Oil Company would have exclusive control of only about 17 of Iraq's approximately 80 known oil fields. Remainder controlled by foreign interests.
-- Allows foreign interests (mainly US and Britain) to take 50% control of Iraq's oil reserves and takes control away from, thus destabilizes, the Iraq federal central government.
-- US oil companies can exercise long-term (30+ year) contracts without approval by the Iraqi Government
-- Production Sharing Agreements (PSAs) give foreign firms 70 per cent of the oil revenues to recover their initial investments and subsequently allow them 20 per cent of the profits without any tax or restrictions on the transferring of funds abroad."
-- Federal Oil and Gas Council (representatives from the foreign oil companies), not the Iraqi government, will have authority to approve (their own) contracts.
-- The Council, not Iraq government, will control production levels, so Iraq cannot be a part of OPEC anymore.
-- Foreign companies would not have to invest their earnings in Iraq, hire Iraqi workers, or partner with Iraqi companies."
-- The Iraqi government would not have control over oil company operations inside Iraq. Any disputes would be referred instead to pro-industry international arbitration panels.
-- No contracts would be public documents
Iraqi "Hydrocarbon Law" - This version passed the Iraq Cabinet, and was referred to the Parliament:
http://web.krg.org/uploads/documents/Draft%20Iraq%20Oil%20and%20Gas%20Law%20English__2007_03_09_h17m2s47.pdf
Interesting article from Jan 9, 2003:
-- Why Is the U.S. Preparing to Attack Iraq and Not North Korea? a Discussion On Iraq's Oil and the Potential to Break Opec
http://www.democracynow.org/article.pl?sid=03/04/07/0316225&mode=thread&tid=14
Despite increased pressure from the Bush administration, the Iraq Parliament has stalled the vote until September. There has been increased objections to the Oil Law from Iraqi citizens.
-- Poll: 63% of Iraqis Oppose Privatizing Nation's Oil Resources.
-- Iraq's Government Faces Political Paralysis":
http://www.democracynow.org/article.pl?sid=07/08/07/130246
-- U.S. Steelworkers Back Striking Iraqi Oil Workers:
http://www.democracynow.org/article.pl?sid=07/08/03/1347254
-- Kurds and Sunnis have concerns about Iraqi oil legislation:
http://mobile.iht.com/articles/2007/05/02/africa/iraq.5.xhtml
-- Governor and Police Chief Killed in Diwaniya
"Reuters reports the Shiite-dominated south has become increasingly restless as factions vie for control of the oil-rich region, often pitting police loyal to one bloc against militiamen of others."
http://www.democracynow.org/article.pl?sid=07/08/13/1346218
The Global Forum Policy is is a non-profit, tax-exempt organization that monitors policy making at the United Nations.
-- Oil in Iraq
http://www.globalpolicy.org/security/oil/irqindx.htm
"The four giant firms located in the US and the UK have been keen to get back into Iraq, from which they were excluded with the nationalization of 1972...Since the invasion and occupation of Iraq in 2003, much has changed."
-- Corporate Contracts
http://www.globalpolicy.org/security/issues/iraq/contractindex.htm
"US occupation authorities have assumed control of the reconstruction process and awarded lucrative contracts to US firms with direct links to the White House."
2007-09-02 00:16:06
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answer #8
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answered by sagacious_ness 7
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If you watch Link TV enough, sooner or later you'll hear Ed Asner give you an hours worth of 'proof'.
2007-09-01 22:59:45
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answer #9
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answered by illiberal Illuminati 3
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We may have went to Iraq for oil. Not so the USA gets it. So the terrorists don't. Why do you think THEY are fighting for the country? Why do you think THEIR political propaganda machine is working so feverishly to get us out? Do we really wan them to have the oil revenues to propagate further 9/11 disasters? Do you really think they will use the oil revenues for the betterment of the people of Iraq?
2007-09-01 23:07:24
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answer #10
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answered by Homeschool produces winners 7
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