For Bush, victory is indeed at hand. The new bill
will "radically redraw the Iraqi oil industry and throw open the doors
to the third- largest oil reserves in the world. It would allow the
first large- scale operation of foreign oil companies in the country
since the industry was nationalized in 1972. If the government's
parliamentary majority prevails, the law should take effect in March.
The law will give Exxon Mobil, BP, Shell and other carbon cronies of
the White House unprecedented sweetheart deals, allowing them to pump
gargantuan profits from Iraq's nominally state-owned oilfields for
decades to come. This law has been in the works since the very
beginning of the invasion - indeed, since months before the invasion,
when the Bush administration brought in Phillip Carroll, former CEO of
both Shell and Fluor, the politically-wired oil servicing firm, to
devise "contingency plans" for divvying up Iraq's oil after the
attack. Once the deed was done, Carroll was made head of the American
"advisory committee" overseeing the oil industry of the conquered
land, as Joshua Holland of Alternet.com has chronicled in two
remarkable reports on the backroom maneuvering over Iraq's oil:
"Bush's Petro-Cartel Almost Has Iraq's Oil and "The US Takeover of
As the conflict goes on - and it will go on and on - the Bush
administration will continue to side with whatever faction promises to
uphold the "hydrocarbon law" and those profitable PSAs. If "Al Qaeda
in Iraq" vowed to open the nation's oil spigots for Exxon, Fluor and
Halliburton, they would suddenly find themselves transformed from
"terrorists" into "moderates" - as indeed has Maliki and his violent,
sectarian Dawa Party, which once killed Americans in terrorist actions
but are now hailed as freedom's champions.
New Oil Law Means Victory in Iraq for Bush
By Chris Floyd
t r u t h o u t | UK Correspondent
Monday 08 January 2007
I. Surging Toward the Ultimate Prize
"A conspiracy is nothing but a secret agreement of a number of men for
the pursuance of policies which they dare not admit in public"
---- Mark Twain
What's Bad for America is Good for Halliburton: Just ask the Vice
"Iraq was better than expected," said Jeff Tillery, analyst (who does
research for Halliburton) at Pickering Energy Partners Inc. "Overall,
there is nothing really to question or be skeptical about. I think the
results are very good.
Overall, there is nothing to question or be skeptical about."
Dost that not soar far off the puke-ability chart?
"This was an exceptional quarter for Halliburton," said Dave Lesar,
Halliburton's chairman, president and CEO.
(But not so good for the young Americans at Walter Reed and Building
Do we need any more proof that, "overall," what's good for Halliburton
is, overall, bad for the rest of us?
And you thought Dick Cheney was kidding when he said, "We also have
work, though, sort of the dark side, if you will."