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Is the Iraq Oil Distribution Deal the U.S. Pressures Iraq to Sign a Rip-off? Email Print

Diogenes, in Greek mythology, searched in vain, with his lantern for one honest man in Ancient Greece.

I understand how Diogenes felt when I launched my search for one U.S. citizen who knew what the terms of the Iraq oil distribution contract are that the U.S. has been fighting to get the Iraqi government to sign.

Not one person I asked out of dozens over many weeks could tell me terms of this contract that is not being signed by Iraqis.  When I told these individuals the terms of this distribution Iraqi oil deal were, to a person they were disgusted, calling it totally unfair and unjust.  But they simply said they hadn't heard a thing about that contract Iraqis refuse to sign.

In the New York Times on Tuesday, March 13, 2007, these exact terms were presented in detail.  The war rages on and people are dying or wounded almost every day.  Why hasn't NBC's Brian William or CBS' Katie Kouric or ABC's Charles Gibson or CNN's Wolf Blitzer revealed this oil deal that so displeases the Iraq is that they won't sign it?  Could it be that blood is being spilled for oil?

In the New York Times article, author Antonia Juhasz, an analyst with Oil Change International, a watchdog group, states the following:  "Iraq's oil reserves - thought to be the second largest in the world have always been high on the corporate wish list."

The oil distribution law that Bush, Secretary of State Condoleezza Rice and other administration officials are trying to get Iraq government leaders to sign with increasing urgency is this:

"The law would transform Iraq's oil industry from a nationalized model ... into a commercial industry all-but-privatized, that is fully open to all international oil companies.  The Iraq National Oil Company would have exclusive control of just 17 of Iraq's 80 known oil fields, leaving two-thirds of known - and all of its as yet undiscovered - fields open to international oil companies."

Since that article was written the U.S. had added a priority demand for making oil deals, giving the U.S. first in line position.  While the Bush administration officials like to highlight the law's revenue sharing plan, representing that oil revenues would be distributed on a per-capita basis, one other provision completely undercuts this.  

That provision will allow a lot of (if not most) of Iraq oil revenues to flow out of Iraq; winding up in cash revenues for the international oil companies.  It stands to reason that Iraq would lose out if their oil assets are decentralized and their total control of oil revenue is only of 17 of their 80 oil wells.  

Was Alan Greenspan's "Tumultuous Times" book's revelation that the Iraq War was over oil accurate?  Couldn't Congress investigate this claim by questioning Alan Greenspan.  If this is true, then the war's purpose was not to dispose of Saddam Hussein, a tyrant the U.S. supplied with weapons for years.

The Bush claim that the Iraq War was to deliver democracy and freedom to Iraq and it would spread throughout the entire Middle East was a charade.  What a performance; Bush posing on that San Diego naval carrier, carefully costumed in a flight suit while TV cameras rolled and Bush dramatically declared two unforgettable words that will live in infamy, "Mission accomplished!"

To hear John McCain talk of surrender is disgraceful; to hear John McCain talk about the great enemy al Qaeda and not explain how al Qaeda gained a foothold in Iraq is an unforgivable distortion of reality.  

The truth, Mr. McCain, is that al Qaeda wasn't even in Iraq until after the U.S. invaded.  This Iraq invasion is destined to become of the most outrageous wars that the U.S. ever launched on a non-threatening nation.  (That, Mr. Bush, is your lousy legacy).

At George Bush's "State of the Union" fear/fright Iraq campaign, he was aided and abetted by a monumental media blitz.  The reality is that terrorists have been made much stronger world wide after the ill-fated Iraq invasion, dubbed "shock and awe."  

Terrorists are well aware of the Geneva Convention Rules of conducting a war; rules the Bush Administration broke with impunity as bombs fell on Baghdad, killing Iraqis, demolishing Iraq's infrastructure while Bush raised his right fist and boasted, "Feels good!"

Now Middle East nations, especially those with huge oil reserves, wonder which nation is next on the Bush War rampage agenda.  Is it any wonder that the nuclear arms race heated up now?

What trumped up charges to justify another Middle Eastern nation's attack might be in the process of being hatched right now?  

McCain, in his delusional political rants about now surrendering in this unjust Iraq War, in reality should ask both Bush and Cheney to surrender their goals for empire creation, which threatens world peace.

The major television networks should keep the U.S. public honestly informed about the oil contract the U.S. is trying desperately to get Iraq to agree to.  

This is a lopsided deal granting long-term lease rights to Iraq's oil: 63 of 80 oil wells, 17 left for Iraq.  Slick, but Iraq has rejected that deal repeatedly and the Iraq War rages on.  

Read Antonia Juhasz's book "The Bush Agenda:  Invading the World, One Economy at a Time."

Each Middle East country will defend itself now.  


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