The Great Iraq Oil Robbery

Alan Maass, Just

The oil men of the Bush administration are trying to set up one of the biggest swindles in history--the great Iraq oil robbery. The cabinet of the new Iraqi government--under pressure from the U.S. occupiers who put them in power--approved a law that would undo Iraq's nationalized system and give Western oil giants unparalleled access to the country's vast reserves. The oil companies would be guaranteed super-profits--on a scale unknown anywhere else in the Middle East--for a period of 20 to 35 years from oil pumped out of two-thirds or more of Iraq's oilfields. Meanwhile, Iraqis would continue to endure poverty and the devastation of war while sitting atop what is estimated to be the third-largest supply of the world's most sought-after resource. The great Iraq oil robbery isn't a done deal...

continua / continued