Seeking Iraq's Oil Prize
Seeking Iraq's Oil Prize Government May AllowForeign Petroleum Firms to Invest
By David R. Baker
San Francisco Chronicle
January 26, 2005
"There is a strong belief, which should not be underestimated, that the whole purpose of the war was to gain U.S. control over Iraqi oil," said Walid Khadduri, editor of the Middle East Economic Survey, in a recent speech. "It is going to take a good deal of persuasion and a great deal of transparency to convince a majority of public opinion that the gradual privatization of the oil industry is for the good of the people and neither a war prize nor a way for carpetbaggers to get rich quickly."
By David R. Baker
San Francisco Chronicle
January 26, 2005
"There is a strong belief, which should not be underestimated, that the whole purpose of the war was to gain U.S. control over Iraqi oil," said Walid Khadduri, editor of the Middle East Economic Survey, in a recent speech. "It is going to take a good deal of persuasion and a great deal of transparency to convince a majority of public opinion that the gradual privatization of the oil industry is for the good of the people and neither a war prize nor a way for carpetbaggers to get rich quickly."
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