Again with the oil claim here. Could you please provide the numbers for the oil we have profited from in iraq?
Your focus is too narrow.
Again with the oil claim here. Could you please provide the numbers for the oil we have profited from in iraq?
Again with the oil claim here. Could you please provide the numbers for the oil we have profited from in iraq?
since tax-payers pay for the war, `and corporations profit from the booty, the tax-payers are not likely to realize any profit.
http://www.independent.co.uk/news/w...rom-iraqs-most-precious-commodity-431119.html
quotes from the article:
And Iraq's oil reserves, the third largest in the world, with an estimated 115 billion barrels waiting to be extracted, are a prize worth having. As Vice-President Dick Cheney noted in 1999, when he was still running Halliburton, an oil services company, the Middle East is the key to preventing the world running out of oil.
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The document adds that oil companies will enjoy contracts to extract Iraqi oil for up to 30 years, and stresses that Iraq needs foreign investment for the "quick and substantial funding of reconstruction and modernisation projects".
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The largest beneficiary of reconstruction work in Iraq has been KBR (Kellogg, Brown & Root), a division of US giant Halliburton, which to date has secured contracts in Iraq worth $13bn (£7bn), including an uncontested $7bn contract to rebuild Iraq's oil infrastructure. Other companies benefiting from Iraq contracts include Bechtel, the giant US conglomerate, BearingPoint, the consultant group that advised on the drawing up of Iraq's new oil legislation, and General Electric. According to the US-based Centre for Public Integrity, 150-plus US companies have won contracts in Iraq worth over $50bn.
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Paul Wolfowitz; Deputy Defense Secretary, March 2003
"By 2010 we will need [a further] 50 million barrels a day. The Middle East, with two-thirds of the oil and the lowest cost, is still where the prize lies"
Despite US and British denials that oil was a war aim, American troops were detailed to secure oil facilities as they fought their way to Baghdad in 2003. And while former defence secretary Donald Rumsfeld shrugged off the orgy of looting after the fall of Saddam's statue in Baghdad, the Oil Ministry - alone of all the seats of power in the Iraqi capital - was under American guard.
Interesting. So what oil companies have signed contracts between the Iraqi government and American oil companies? That article was published in 2007.
And I thought this part was funny in the article:
Seeing as how oil wells were torched in the first Gulf war, and are an essential part of the countries income, wouldn't that be pretty damn irresponsible not to secure the oil wells?
america has also been placating the chinese by awarding them some of iraq's prime oilfields.
http://www.msnbc.msn.com/id/37577656/
From among the most outspoken of critics of the 2003 U.S.-led invasion to topple Saddam Hussein, China has emerged as one of the biggest economic beneficiaries of the war, snagging five lucrative deals. While Western firms were largely subdued in their interest in Iraq's recent oil auctions, China snapped up three contracts, shrugging off the security risks and the country's political instability for the promise of oil.
It's the left's favorite lie and they'll never get around to updating it. The US did not "plunder Iraq's oil". Nobody got free oil. Iraq negotiated its own contracts, mostly with Chinese firms and the oil companies are not getting generous deals. Most US oil companies refused the poor returns the Iraq government was offering.
Taking all their oil. Not taking enough oil. Make your mind up.
By Americans, not too many. By terrorists who goal is to kill as many Americans and Iraqis as possible, quite a lot.wow....and how many iraqi civilians died while you were 'freeing' them?
Oh, please.....there was a difference.
the real reason for that war was to fight hitler.
american companies pay pennies on the dollar for oil from alberta.
you can be pretty sure that they are paying even less for iraqi oil.
The U.S. government and Saddam Hussein go way back, four decades, at least. In fact, Saddam Hussein got his real start working hand-in-hand with the American CIA in the early 1960s. The Iraqi regime then in power had relatively broad support in the Iraqi population, having overthrown the much-hated Iraqi monarchy, which had been put in place by Britain after World War I. The new Iraqi government expressed a nationalist defiance toward the almost complete domination of the country by the big oil companies. This was too much for the U.S. government, which decided to crush Iraqi insolence and defiance.
america has also been placating the chinese by awarding them some of iraq's prime oilfields.
http://www.msnbc.msn.com/id/37577656/
From among the most outspoken of critics of the 2003 U.S.-led invasion to topple Saddam Hussein, China has emerged as one of the biggest economic beneficiaries of the war, snagging five lucrative deals. While Western firms were largely subdued in their interest in Iraq's recent oil auctions, China snapped up three contracts, shrugging off the security risks and the country's political instability for the promise of oil.
american companies pay pennies on the dollar for oil from alberta.
you can be pretty sure that they are paying even less for iraqi oil.
So how much oil has been plundered?a nice fringe benefit of this is, of course, that you get to plunder the oild reserves.
niiiice.
So how much oil has been plundered?
wow....and how many iraqi civilians died while you were 'freeing' them?
a nice fringe benefit of this is, of course, that you get to plunder the oild reserves.
niiiice.