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7 answers

What do you think? Oil=$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$.

2007-09-12 00:56:54 · answer #1 · answered by Avner Eliyahu R 6 · 0 1

Do the math!

If the US were to get every drop of Iraqi oil absolutely free for an indefinite period of time, it would still not equal what has been and what is likely to be spent on bringing Sovereignty to Iraq.

The US military and diplomatic forces are working toward and demanding that the Iraqi government institute a program of oil revenue sharing among the Iraqi population.

This constant, one dimensional postulation..."Bush only wants the oil" is embarrassing.

The biggest exporter of oil to the US is Canada. With NAFTA support, Bush has put Canada in a better position to profit from the resource than the US.

I have a suggestion for you...

THINK!

If you want to see how to go about stealing oil from foreign countries, take a look at China in Africa (follow the source links)

2007-09-12 01:13:42 · answer #2 · answered by Anonymous · 0 1

Considering that passage of the Iraqi Hydrocarbons Law, more commonly known as the Iraq Oil Law, is one of the benchmarks of the Surge, I think that's the best place to look for an answer. 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

2007-09-12 01:24:02 · answer #3 · answered by sagacious_ness 7 · 0 0

Bush is doing an excellent job of keeping Iraq's oil off the market. Remember years ago when OPEC would vote to decrease the supply and Iraq would mass produce to mess them up, there by driving the cost of crude down. Well it almost bankrupted Texans in the oil industry. They found someone who would protect their interests, Bush.

2007-09-12 01:04:09 · answer #4 · answered by austin j 4 · 1 2

Neither the chemical weapons nor the oil, the story behind the curtain is the Tigris water which will be very important in coming years believe me.

2007-09-12 01:01:45 · answer #5 · answered by Hibernation 3 · 0 1

does it matter if he finds either it will help america and iraq because we will buy the oil and we will confiscate weapons that are harmful to the country

2007-09-12 03:29:45 · answer #6 · answered by lukerebelguy 1 · 0 1

Neither. Mr. Bush is in Washington, DC, running the country.

2007-09-12 01:01:41 · answer #7 · answered by regerugged 7 · 1 2

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