The Mudcat Café TM
Thread #101889   Message #2064652
Posted By: Bev and Jerry
31-May-07 - 02:28 AM
Thread Name: BS: Iraqi hydrocarbon bill
Subject: RE: BS: Iraqi hydrocarbon bill
Oh, how soon we forget.

Before the invasion of Iraq we had Saddam in a box and Iraq could not export oil except for the small amount allowed under the oil for food program. When it seemed that the oil embargo might be lifted soon, Saddam signed contracts with Russia and China allowing them to come in and operate the oil fields as soon as the embargo was lifted. This did not please Exxon and Chevron and the others. What to do?

The solution was simple. Topple the Saddam government thereby voiding the contracts. Then, install a government of our own which would let American oil companies come in to reap the profits.

So far, so good but the mission is not quite accomplished yet. As soon as it is, our troops will come home.

Putting this another way, the American middle east policy is "We control the oil". Those who disagree are called radicals or terrorists. Those who agree are called moderates.

Bev and Jerry