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No Oil Deals for Iraq?

Started by washingtonindependent · 10 months ago

Whoa. Via Juan Cole, here’s something I never expected to read:
The Iraqi government is likely to abandon plans to sign short-term contracts with foreign oil companies, negotiations over which have been halting, a senior U.S. diplomat in Baghdad said on Sunday.

"I ... Continue reading »

4 comments

  • Dennis

    10 months ago

    Oil wise, we were better off with Saddam. But ole greedy Dick talked little greedy Bushie into using the U.S. militray like it was their own private army, and look where we are now. "Heck've a job, Dick!"
    reply
  • timr

    10 months ago

    So, China offered Iraq a much better deal than Big Oil did. We invaded Iraq because Big Oil-exon-mobil,bp,cheveron,total,shell-wanted to get back the control of all the oil that they had before Saddam kicked them all out. So, we invaded-per the neocons fantasy about the outcome-and what did we gain. Nothing. Iraq wants all of the invaders out by 2011. They are already starting to rid themselves of the 'awakening councils' and the sunni's in general. Same with the Kurds. WTF have we accomplished for our 4000+ dead and 30,000+ wounded. China and Iran are the winners, and we were played as suckers all the way.The time when the US could tell any country what to do is long past, our power has been destroyed by the current repigs and bush. Big Oil, who wanted Iraq oil for free overplayed their hand and lost everything. Now they focus on Iran and Georgia. The US military has become the enforcement arm of corporate interests. They play, we pay.
    reply
  • PatD

    10 months ago

    What will really make these squabbles over Iraqi oil howlingly, hilariously ironic will be the possibility that Saddam so abused the petroleum fields over his time in power that their production rates will be minimal. Think about it, the worlds 2nd or 3rd largest proven reserves will only be able to produce a trickle of oil and most of that locked up by the Chinese.
    reply
  • Sebastian

    10 months ago

    Actually that's pretty good negotiating by Maliki. We here in America need to work harder and faster on hybrid, battery, and hydrogen powered cars so we can tell the Middle East where to go in 7*10 years.
    reply

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