Saturday, September 13, 2008

The draft Iraqi oil law: making a mockery of sovereignty

President Bush says the Iraq war is not about oil but his actions belie that claim. In the months before the March 2003 invasion, members of the U.S. State Department "Oil and Energy Working Group" met to plan how to open Iraq to international oil companies. The oil law now proposed by the Iraqi Council of Ministers is a virtual photocopy of a plan first drafted by U.S. oil industry executives and consultants in Houston long before Iraq was "liberated." . . .

The proposed oil law creates a Federal Oil and Gas Council on which would sit representatives of Exxon-Mobil, Shell, BP, etc., whose tasks include approving their own contracts.

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