So it appears the Iraqi Oil Ministry waited until the final months of the Bush administration to open the store for Western petrogiants. Call it a parting present. Now that we know the U.S. "advised" the ministry on giving no-bid contracts to Exxon, Shell, Total and BP, the Washington Post gives an overview of what Minister Hussain Shahristani -- a former exile who's sympathetic to both the U.S. and Iran -- plans to give Big Oil:
Shahristani said 35 companies -- including firms from the United States, Britain, France, Russia, China and India -- had been selected to bid on long-term contracts to provide services, equipment, training and advice on the country's biggest oil fields, which have suffered from age, technological neglect and mismanagement during years of war and economic sanctions.
"The six oil fields that have been announced today are the backbone of Iraq's oil production, and some of them are getting old and production is declining," Shahristani told reporters.
Shahristani's move crystallizes a dynamic intensifying in 2008: a trend toward greater clientism by the weak government to bolster itself against growing pan-sectarian nationalism. Each reinforces the other. This is how the Post records the reaction to the new oil bonanza by both Sunnis and Sadrists:
Followers of Shiite cleric Moqtada al-Sadr, who opposes Western firms having any control over Iraq's oil, voiced suspicion. "Those agreements should be open and transparent," said Liwaa Smaism, a senior Sadrist lawmaker. "We do not know whether those contracts are ordinary technical contracts with foreign companies, or are they involved in the excavation and production of the oil?"
Other lawmakers said any deals should be made after parliament approves legislation governing Iraq's oil resources. "I do not believe that the companies should sign contracts in such a fragile political situation and confusing security situation," said Mohammed al-Daini, a Sunni lawmaker.
Daini added that "America has come over here to Iraq in order to first control the oil wealth and, second, the entire economical wealth." He said he and other lawmakers should review the contracts to ensure they don't allow Western firms to infringe on Iraq's sovereignty.
According to Antonia Juhasz, author of the forthcoming book The Tyranny of Oil, the short-term nature of the contracts were designed to avoid sending them to the parliament, where they'd face probable rejection.
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You mean Greenspan told the truth? It was about oil?
Yep, I want to be an oil worker sent to Irak under one of these contracts. Love going to places where my life expectancy is less than 24 hours.
Everything is oil right!
It would be enlightening to have someone trace and expose the kickbacks that will eventually end up in the hands of Bush and Cheney.
Actually, I think these contracts are worth little more than the paper they’re printed on. The object of controlling the oil is to keep it off the market. The oil companies may have contracts, that doesn’t mean they have drill. Maliki can stay in power only if US forces are there to prop him up and any new government emerging after the US is thrown out would once again nationalize the oil fields. And I doubt an international court would validate contracts extracted by an occupying country benefiting only the occupying country’s corporations.
if Iraq is to have their independance and peace, they are going to have to have the government market their national assets, not foreign industry
in this fasion, when they need to raise money for infrastucutre and social projects, they produce more oil
private industry will only produce oil with their profit margin in mind.
What the hell can these “Petrogiants” be thinking? Does the West (America and Great Britain primarily) think that the Mid East has forgotten the rape that began right after the World War I? To the winner goes the spoils; and they just devided spoils. It took about 50 years for some of those 1$ a barrel Sheiks and Emirs, to graduate some of their Sons and Nephews from western universities before they figured out that they were getting screwed. Do ya think that they are ready for another srewin’? What the hell could Bushco and the neocons been a thinkin’? These people are tired of gettin screwed.
Southern Dragon, you got it! Those oil contracts aren’t worth a roll of asswipe.
thanks attackerman-
didn’t do all of your links yet, in and out–this article from the fdl newsbox yesterday-
http://www.nytimes.com/2008/06.....ref=slogin
-snip-
In their role as advisers to the Iraqi Oil Ministry, American government lawyers and private-sector consultants provided template contracts and detailed suggestions on drafting the contracts, advisers and a senior State Department official said.
It is unclear how much influence their work had on the ministry’s decisions.
The advisers — who, along with the diplomatic official, spoke on condition of anonymity — say that their involvement was only to help an understaffed Iraqi ministry with technical and legal details of the contracts and that they in no way helped choose which companies got the deals.
-snip-
the reporter, andrew kramer was on the diane rehm show today.
http://wamu.org/programs/dr/
=====
and ot but related, heard on npr this morning
numbers for pentagon fuel useage
air force uses 71%
1.5 million gallons of gas A DAY.
bbl
I love how the American people are still debating whether the Iraq war was about the oil. I doubt you can find a majority in any other nation who hasn’t known this fact for at least 5 years.
Still it’s good to point it out, the obvious sometimes alludes us.
Blue Texan has a new post up over at FDL…
Thanks Spencer, I don’t think it’s possible to give this
“I drink your milkshake” “my father made him an offer he couldn’t refuse”too much sunlight.digg
Anyone have a link to speculation about how much lower the price of oil would be if we had just helped Saddam rebuild their infrastructure?
They just don’t see it. A failed Texas Oilman for President and an ex CEO of the largest Oil Service Co in the world for VP, and you have to ask? Yea, score another one for Occam’s Razor.
I seriously doubt that George and Dick ever considered offering Saddam a “Helping Hand.” And I also doubt that anyone ever considered them doing so. None the less it sounds very tempting in hindsight.
Recall that Winston Churchill authorized the use of “poison gas” against the Kurds of northern Iraq twenty years before Saddam Hussein was even born.
_________________________________
The Biggest Armed Robbery of this Nascent New Century
more than 100 billion barrels of “proven” reserves times current price = 10.5 Trillion dollars
Are the American people expected to leave their common sense behind when the government of the worlds largest oil consumer nation, the US, says the war is about democracy and not oil, while among the many candidate nations in dire need of a democracy makeover, only the one with large oil reserves gets the treatment?
Either that or, you know, they just doing what most countries with oil do when they don’t have the ability to do this themselves.