US's Iraq oil grab is a done deal: Iraq's Cabinet Backs Contentious Oil Measure

The exploration and production contracts give firms exclusive control of fields for up to 35 years including contracts that guarantee profits for 25-years. A foreign company, if hired, is not required to partner with an Iraqi company or reinvest any of its money in the Iraqi economy. It’s not obligated to hire Iraqi workers train Iraqi workers, or transfer technology.

http://www.informationclearinghouse.info/article17193.htm



Iraq's Cabinet Backs Contentious Oil Measure

A step toward meeting a U.S. demand that the country's parliament pass such a law.
http://snipurl.com/1bjg3



Pepe Escobar: US's Iraq oil grab is a done deal

US President George W Bush and Vice President Dick Cheney might as well declare the Iraq war over and out. As far as they - and the humongous energy interests they defend - are concerned, only now is the mission really accomplished. More than half a trillion dollars spent and perhaps half a million Iraqis killed have come down to this.

http://www.atimes.com/atimes/Middle_East/IB28Ak01.html



http://freepage.twoday.net/search?q=Big+Oil
http://freepage.twoday.net/search?q=Pepe+Escobar

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