Wednesday, December 13, 2006

CITIZEN ALERT v1.128
OIL IN IRAQ

I've got to pick up a copy of the Iraq Study Group Report this weekend. I've been so busy I haven't had a chance to make it down to the bookstore, but it's tops on my list. News came out over the past couple of days that the ISG Report talks of Iraq's oil industry and it commercial uses, kind of "spilling the beans" on the fact the original mission name Operation Iraqi Liberation was the appropriate title afterall..

Executive director of the Global Policy Forum, Paul has written several pieces about oil including "Oil in Iraq: The Heart of the Crisis." He said today:

"The cat is finally slipping out of the bag. U.S. policy in Iraq has been fixated on the oil prize for a very long time and the Baker-Hamilton report gives us an important glimpse of that. The language about re-organizing Iraq's oil industry as a 'commercial enterprise' is shorthand for Exxon and BP returning to their former (pre-1972) control over Iraq's oil so that they can rake in future profits in the trillions of dollars. Iraq may be an unspeakable tragedy, but the oil giants are still hoping for 'victory' if they can push the oil law through the Iraqi parliament and ink the contracts before the occupation collapses into oblivion."

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