Since the very beginning, many people have been saying this was always about oil. Well, today`s news breaks that that guess what? the top 4 American oil companies along British Petroleum all have been awarded no bid contracts to take all of Iraq`s oil.
So, Saddam Hussein, got a bit uppity and nationalized his oil industry, so we had to go and kick his ass. Now we are building 165 permanent military bases and are awarding our oil companies to completely monopolize A once sovereign nation`s oil resources. The new "logic" behind keeping out troops in Iraq until hell freezes over will be "to protect the oil company personnel and property" Meanwhile, the lights are`nt on, the water is still unfit to drink. So, it`s not about oil huh? Yeah, right! And we wonder why terrorist groups have no trouble recruiting people for their jihadist movements against the west?
Deals With Iraq Are Set to Bring Oil Giants Back 
Moises Saman for The New York Times
Oil fields in the Iraqi province of Basra. Iraq produces about 2.5 million barrels of oil per day.
By ANDREW E. KRAMER
Published: June 19, 2008
BAGHDAD — Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.
Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq’s Oil Ministry for no-bid contracts to service Iraq’s largest fields, according to ministry officials, oil company officials and an American diplomat.
The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations.
The no-bid contracts are unusual for the industry, and the offers prevailed over others by more than 40 companies, including companies in Russia, China and India. The contracts, which would run for one to two years and are relatively small by industry standards, would nonetheless give the companies an advantage in bidding on future contracts in a country that many experts consider to be the best hope for a large-scale increase in oil production.
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.
Source
Big Shocker: Iraq War About Oil After All!
Big Shocker: Iraq War About Oil After All!
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