Cheney's Oil Law For Iraq Is Neocolonial Theft

Muriel Mirak-Weissbach, Global Research,

...It should come as no surprise that the infamous oil law, which will effectively hand over the country's national resources to private foreign interests, was not an Iraqi invention. Rather, it was concocted in the U.S. and long before the bombs started falling on Baghdad. Dick Cheney, in his incarnation as executive of Halliburton, back in 1999, told the Institute of Petroleum in London: "By 2010 we will need on the order of an additional fifty million barrels a day. So where is this oil goin to come from? ... While many regions of the world offer great oil opportunities, the Middle East with two-thirds of the world's oil and the lowest cost is still where the prize ultimately lies." (quoted by Muttitt, p. 7). Soon therafter Cheney became head of the Energy Task Force, whose secretive meetings put Iraq and its oil on their agenda. As documented in an article by Ed Spannaus, in Executive Intelligence Review (September 12, 2003), Cheney and co. had detailed plans for seizing Iraqi oil after the war...

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