Sunday, January 14, 2007

Oil Companys Claim Victory!

The left has often speculated the reasoning behind the Iraq invasion. The right (some anyway) still confuse the Iraqis with the terrorists of 9/11. They believe 3000 dead American soldiers, several more thousand injured, 650,000 dead Iraqi's are all for the preservations of our freedoms. They believe this to be the crowning jewel in the commander and chiefs cap, a war on terror.

Bush continues to bellow words like "victory" and "stay the course", leaving sixty percent of the country scratching their collective heads. What exactly is this victory? How can this be achieved? It seems as though the top American oil companies can answer that question better than I.

I came across this little ditty on Marketwatch.com.

Iraq's massive oil reserves may be thrown open for large-scale exploitation by Western oil companies - which could end up grabbing up to 75% of the beleagured nation's oil profits - under a law seen coming before the Iraqi parliament within days, the Independent reported on its Web site Monday.
A draft of this controversial law, which the U.S. government has been helping to craft and has been seen by the Independent, would give oil giants such as BP PLC (BP), Royal Dutch Shell PLC (RDSA) and ExxonMobil Corp. (XOM) 30-year contracts to extract Iraqi crude and let these foreign oil companies undertake their first large-scale operations in the country since the industry was nationalized in 1972.
Oil industry executives and analysts say the law, which would allow Western companies to pocket up to three-quarters of profits in the early years, is the only way to get Iraq's oil industry back on its feet after years of sanctions, war and loss of expertise. However, opponents say Iraq, where oil accounts for 95% of the economy, is being forced to surrender an unacceptable degree of sovereignty, the Independent reported.


Yes, America. We now know why our sons and daughters are dying. We now know why we invaded an innocent nation in the first place. We now know why the most unpopular person in Iraq was elected president. We now know why we must "stay the course". We now know why OBL is sipping fine wine and attention was taken off of Afghanistan and Al Qaeda was allowed to grow and prosper there. All has been revealed.

We need to impeach this man - Now! We need a new course for this country and the world. We need to lead by example and re-become the civilized nation we claim to be. Iran is in bush's sights next. Why? Because they are a threat? Nope. Oil. Again, it seems the left was right all along.

4 comments:

Anonymous said...

Good God, I voted for this man and this is what he does with my faith?

Anonymous said...

Is this why my son is in Iraq?

Anonymous said...

I'm so sorry you two.

I remember listening to the speach bush gave, giving his justification for this war. I just sat there and cried.

Saddam was not a nice man, but he has never threatened this country, ever. He's never been a threat to us. I knew there was more, I knew this had nothing to do with "terrorists" or "9/11". Finding this story, not only broke my heart, it terrified me. Terrified me because it should have made front page news. It did not. I found it on Market Watch.

Anonymous said...

Is the world this nuts - are the americans this crazy... this afraid..? What have we done? All for why? Fear?