An oil law?

  1. President Bush Meets with Senior U.S. Defense Officials on Iraq
    The Pentagon

    Q As you give the new Defense Secretary time to get more in the mix, what is the strategy that you're looking to build? Is it a military strategy for success in Iraq, or a political one?

    THE PRESIDENT: I think that our military cannot do this job alone. Our military needs a political strategy that is effective. And that includes things such an oil law passed by the Iraqis that basically says to the people, all of you, regardless of where you live or your religion, get to share in the bounty of our nation. It requires a reconciliation effort, including a rational de-Baathification law.

    Q That's not something you can do with your new strategy, is it?
    THE PRESIDENT: Oh, absolutely. Absolutely, I can do that with my strategy.

    President Bush Meets with Senior U.S. Defense Officials on Iraq
  2. 4 Comments

  3. by   sanctuary
    Yeah, he can do anything the Saudi's allow. Even run Iraqi legal system.
  4. by   pickledpepperRN
    Blood and oil: How the West will profit from Iraq's most precious commodity
    The 'IoS' today reveals a draft for a new law that would give Western oil companies a massive share in the third largest reserves in the world. To the victors, the oil? That is how some experts view this unprecedented arrangement with a major Middle East oil producer that guarantees investors huge profits for the next 30 years
    Published: 07 January 2007
    So was this what the Iraq war was fought for, after all? As the number of US soldiers killed since the invasion rises past the 3,000 mark, and President George Bush gambles on sending in up to 30,000 more troops, The Independent on Sunday has learnt that the Iraqi government is about to push through a law giving Western oil companies the right to exploit the country's massive oil reserves....

    Independent Online Edition > Middle East
  5. by   lilypad2424
    sanctuary, you win the coolest avatar prize.
  6. by   pickledpepperRN
    Iraqis will never accept this sellout to the oil corporations
    ...Today Iraq remains under occupation, and the gulf between those who profess to rule and those who are ruled is filled with blood. The government is beholden to the occupation forces that are responsible for a humanitarian catastrophe and a political impasse...,00.html

    ...The Iraqi government is failing to properly discharge its duties and responsibilities. It therefore seems incongruous that the government, with the help of USAid, the World Bank and the UN, is pushing through a comprehensive oil law to be promulgated close to an IMF deadline for the end of last year....

    ...The official version of the draft law has not been published, but there is no doubt that it will be designed to hand most of the oil resources to foreign corporations under long-term exploration- and production-sharing agreements....,00.html