<\body> Stories in America: Privatizing Iraq's Oil

Saturday, May 26, 2007

Privatizing Iraq's Oil

It's amazing. I have yet to hear anyone in the national media talk about this portion of the bill. Are they afraid they might sound like the "No Blood for Oil" crowd? Permanent bases have been built along Iraq's oil pipelines. Iraq's museums weren't protected during the bombings, but the oil fields were. It doesn't take much thinking to figure this out. Ignoring the news in Maui was a great experience...aloha.

Only 11 Democratic Senators voted against this bill, including Boxer, Feingold, Kerry, Clinton, and Obama.

“Now they have Congress blackmailing the Iraqi Parliament and the Iraqi people: no privatization of Iraqi oil, no reconstruction funds.”
-Ann Wright served 29 years in the US Army and US Army Reserves and retired as a colonel. She served 16 years in the US diplomatic corps in Nicaragua,Grenada, Somalia, Uzbekistan, Kyrgyzstan, Sierra Leone, Afghanistan, Micronesiaand Mongolia. She resigned from the US Department of State in March, 2003 in opposition to the war on Iraq.
On Thursday, May 24, the US Congress voted to continue the war in Iraq. The members called it "supporting the troops." I call it stealing Iraq's oil - the second largest reserves in the world. The "benchmark," or goal, the Bush administration has been working on furiously since the US invaded Iraq is privatization of Iraq's oil. Now they have Congress blackmailing the Iraqi Parliament and the Iraqi people: no privatization of Iraqi oil, no reconstruction funds.

This threat could not be clearer. If the Iraqi Parliament refuses to pass the privatization legislation, Congress will withhold US reconstruction funds that were promised to the Iraqis to rebuild what the United States has destroyed there. The privatization law, written by American oil company consultants hired by the Bush administration, would leave control with the Iraq National Oil Company for only 17 of the 80 known oil fields. The remainder (two-thirds) of known oil fields, and all yet undiscovered ones, would be up for grabs by the private oil companies of the world (but guess how many would go to United States firms - given to them by the compliant Iraqi government.)

No other nation in the Middle East has privatized its oil. Saudi Arabia, Kuwait, Bahrain and Iran give only limited usage contracts to international oil companies for one or two years. The $12 billion dollar "Support the Troops" legislation passed by Congress requires Iraq, in order to get reconstruction funds from the United States, to privatize its oil resources and put them up for long term (20- to 30-year) contracts.

What does this "Support the Troops" legislation mean for the United States military? Supporting our troops has nothing to do with this bill, other than keeping them there for another 30 years to protect US oil interests. It means that every military service member will need Arabic language training. It means that every soldier and Marine would spend most of his or her career in Iraq. It means that the fourteen permanent bases will get new Taco Bells and Burger Kings! Why? Because the US military will be protecting the US corporate oilfields leased to US companies by the compliant Iraqi government. Our troops will be the guardians of US corporate interests in Iraq for the life of the contracts - for the next thirty years.

With the Bush administration's "Support the Troops" bill and its benchmarks, primarily Benchmark No. 1, we finally have the reason for the US invasion of Iraq: to get easily accessible, cheap, high-grade Iraq oil for US corporations.

2 Comments:

At 5/27/2007 5:49 PM, Blogger JACK BOO said...

This threat could not be clearer. If the Iraqi Parliament refuses to pass the privatization legislation, Congress will withhold US reconstruction funds that were promised to the Iraqis to rebuild what the United States has destroyed there.

So they'd be forced to trade "reconstruction fund" money (which doesn't benefit Iraqis anyway due to corrupt American contractors...or so I've read.) for the gazillions of dollars they would otherwise receive from 80 oil fields?

Yeah, the good 'ol US of A really knows how to drive a hard bargain.

 
At 5/27/2007 6:06 PM, Anonymous Anonymous said...

For more on the involvement of American advisors to Iraq, check out:

http://www.law.com/jsp/dc/PubArticleDC.jsp?id=1178010277619

 

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