Didn't you just know this was coming?
A consortium of Western oil companies —- the very definition of Big Oil —- is on the verge of receiving no-bid contracts in Iraq, giving them access to one of the most sought-after prizes in the petroleum industry, according to The New York Times. Can it be mere coincidence that the leading companies in the deal —- ExxonMobil, Shell, BP and Total —- are the very same companies that Saddam Hussein threw out when he nationalized the Iraqi oil industry more than three decades ago?
Tuesday, June 24, 2008
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