"AW. I think this needed to be bolded for those twoofs with piss poor reading comprehension skills"
Once again falling back onto insults.
From Time Magazine
"Rather than giving foreign oil companies control over Iraqi reserves, as the U.S. had hoped to do with the Oil Law it failed to get the Iraqi parliament to pass, the oil companies were awarded service contracts lasting 20 years for seven of the 10 oil fields on offer — the oil will remain the property of the Iraqi state, and the foreign companies will pump it for a fixed price per barrel"
It seems the Iraqi's were cleverer than was thought..
Incidentally Exxon and Shell were awarded the West Qurna-1 Oil Field, one of Iraq's largest Oil Fields, in November.
Read more: http://www.time.com/time/world/article/0,8599,1948787,00.html?xid=rss-topstories#ixzz0cK70m4Q4"