On June 30, 2008, Exxon Mobil, Shell, Total, BP and Chevron (and some other smaller oil companies) will
announce their no-bid contracts to set up shop in Iraq and pump out oil for the citizens of the Untied States of America.
Well, hallelujah! 'Bout 500 billion dollar time! (Americans have poured over $500 billion in taxpayer bucks into Iraq.) It's been over 36 years since the last American company was allowed to pump oil in Iraq thanks to Saddam Hussein. I know what you're thinking. President George W. Bush planned this all along. Like he knew 5 years ago that gas would one day reach $4.50 a gallon, and he could make this announcement right before the 2009 election and get another Republican in office. Here's a quote from the article:
"There was suspicion among many in the Arab world and among parts of the American public that the United States had gone to war in Iraq precisely to secure the oil wealth these contracts seek to extract. The Bush administration has said that the war was necessary to combat terrorism. It is not clear what role the United States played in awarding the contracts; there are still American advisers to Iraq’s Oil Ministry."
It all boils down to this:
"For the American government, increasing output in Iraq, as elsewhere, serves the foreign policy goal of increasing oil production globally to alleviate the exceptionally tight supply that is a cause of soaring prices."Say and think what you will. Most people won't truly care. Let them pump away. Iraq owes us. They owe us big. It's the least Iraq can do. Once the system gets into place and oil is pumped and delivered to the shores of America, our high gasoline worries will subside. I count the days, hours and the minutes.
And so it goes.
