Iraq...yeah...itz a...
 
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Iraq...yeah...itz all about oil.

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(@stan-sikorski)
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Use this on your yahoo patriotard anti-corp anti-big oil con etc. friends...

And Iraq's big oil contracts go to ...

Companies from China, India and other Asian nations are seen getting the first contracts. But don't write off Big Oil just yet.

By @turner.com">Steve Hargreaves, CNNMoney.com staff writer
April 5 2007: 1:42 PM EDT

NEW YORK (CNNMoney.com) -- Despite claims by some critics that the Bush administration invaded Iraq to take control of its oil, the first contracts with major oil firms from Iraq's new government are likely to go not to U.S. companies, but rather to companies from China, India, Vietnam, and Indonesia.

While Iraqi lawmakers struggle to pass an agreement on exactly who will award the contracts and how the revenue will be shared, experts say a draft version that passed the cabinet earlier this year will likely uphold agreements previously signed by those countries under Saddam Hussein's government...

http://money.cnn.com/2007/04/05/news/international/iraq_oil/index.htm


 
Posted : 05/04/2007 9:29 pm
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