No-Bid Oil Contracts In Iraq For Select Companies
What a shock! Only American-chosen countries get contracts in Iraq, as we are advising the Iraq oil ministry.
A total of 46 companies, including the leading oil companies of China, India and Russia, had memorandums of understanding with the Oil Ministry, yet were not awarded contracts.
And:
The first oil contracts for the majors in Iraq are exceptional for the oil industry.
They include a provision that could allow the companies to reap large profits at today’s prices: the ministry and companies are negotiating payment in oil rather than cash.









Hallelujah! Victory for the REAL reason we went to war in Iraq has almost been achieved!
June 19th, 2008 at 1:02 am
Oh yeah, I forgot to say “First!”.
June 19th, 2008 at 1:02 am
If only we Americans can benefit from this program?
In iran the price of an equivilant gallon of gas is .40 a gallon [acording to usa today newspaper]
Nothing like being a slave to another country
OY !!!!!!!!!!!!!
June 19th, 2008 at 3:00 am
Hey, people of Iraq, sit back and enjoy a nice, refreshing cool one. ‘Cause this no-bid’s for you.
June 19th, 2008 at 5:00 am
Fifth!
@WFG, very funny. :)
Toppling Saddam Hussein was a good thing, but perhaps it would have been better to just kill him and then leave. This nation-building stuff, ughh…I feel the Ron Paul voice in me getting louder…tamp it down…tamp it down!
June 19th, 2008 at 6:02 am
This is why more and more Iraqi people are turning to Muqtada al-Sadr.
He is seen as a populist, fighting foreign occupation.
Remember, Paul O’Neill tried to tell us that this was the reason they went in to begin with, but HE was trashed, just like EVERYONE who told the truth.
June 19th, 2008 at 10:46 am
I’m glad people are making money off the war. That’s why we started it after all…
June 19th, 2008 at 11:53 am
LOL, WFG.
You too, Flap. Celebratin’ fifth place :0)
June 19th, 2008 at 12:27 pm
Today, some Wall Street executives were taken to jail in handcuff for mortgage fraud, soon some oil executives and politicians could be carted off for oil fraud. Justice for all would be a tremendous thing.
June 19th, 2008 at 4:23 pm
Spoils of War or the spoils of a plan that is parading as a war?
June 19th, 2008 at 6:19 pm
as of june 16,2008 there are 2700 drilling rigs working worldwide of these there is 1795rigs drilling in the united states of america!what is this load of republican bullshit of drill here drill now!the facts show we are and have been doing so.
June 19th, 2008 at 9:46 pm
Oil? They have petroleum over there?
Well. Then this worked out okay after all, didn’t it?
June 20th, 2008 at 12:20 am
Good one, ‘Mouse.
June 20th, 2008 at 12:32 am
FuRyUs,
Exactly, it had NOTHING to do with them blowing up two towers, the Pentagon, and a plane in a PA field. How ignorant to say that. Pathetic.
June 20th, 2008 at 5:54 pm
Or a ship called the USS Cole.
June 20th, 2008 at 5:54 pm
Or the Marine barracks.
June 20th, 2008 at 5:55 pm
You are right. The entire thing was totally, completely, 100% unprovoked.
June 20th, 2008 at 5:55 pm
^^ The provocation came from Saudi Arabia, not Iraq.^^
How pathetic, Sean/Karma.
June 20th, 2008 at 8:41 pm