Oil, of course ... 
"... (Iraqi leaders) understand that their success will require U.S. political, economic, and security engagement that extends beyond my Presidency. These Iraqi leaders have asked for an enduring relationship with America." (President Bush, September 13, 2007)
Not mentioned in Bush's speech or in the Democratic response: Iraq is considering a production-sharing agreement that promises to bring huge profits to foreign oil companies over the next 30 years. The US has been heavily involved in the development of the plan.
It was announced a few days ago that the Kurds have made separate agreements, production-sharing contracts, with foreign oil companies, which has led to harsh words between the Kurds and central Iraqi government officials and threatens passage of the national production-sharing plan. One of the companies the Kurds have signed an agreement with is Hunt Oil. According to CBS News (Sept. 9) CEO Ray Hunt is on the board of Halliburtin and "has been a key fundraiser for President George W. Bush, who named him to the President's Foreign Intelligence Advisory Board."
Perhaps what President Bush is really telling us is that we will have an "enduring relationship" with Iraq until FOB (Friends of Bush) are assured of getting their oil profits.
KEYWORDS: Bush speech, Kurd oil contracts, Ray Hunt
Sign up for a Complimentary Member Account... Join the community! It's fast. And it'll allow you to take advantage of all this site's great features!
| < U.S. Paid Sunnis to Fight in Iraq | Disingenuous claims by the Department of Education > |
Oil, of course ... | 0 comments ( topical, editorial, 0 hidden)
