Comments on: What Progress Looks Like: Iraq Oil Law On Cusp Of Failure (Again)

By: Michael Tedesco

Michael Tedesco — Sat, 15 Sep 2007 19:34:12 +0000

You can add $20 ($79.10) a barrel to that number now Mike.

By: Mike, Pittsburgh, PA

Mike, Pittsburgh, PA — Sat, 15 Sep 2007 19:29:49 +0000

I also find it incredible how few articles in the mainstream media even mention that the Iraqi oil
bill sets rules for privatizing Iraq’s oil industry. After all, at $60/barrel, we’re talking about
royalties on 6 trillion dollars, an immense amount of money, and these guys are talking about 20%
royalties

I mean, I’m not asking for the news to say this is good or bad, but it should be mentioned.

I’m still waiting for even *one* candidate for President to say something about it.

By: Michael Tedesco

Michael Tedesco — Thu, 13 Sep 2007 16:39:55 +0000

Kathy,

Now for some shameless self promotion. Seeing as how my good friends at BOPNews are long since gone, what would the chances be of our little slice of heaven taking their place in your Liberal Blogroll?

By: Kyle E. Moore

Kyle E. Moore — Thu, 13 Sep 2007 15:03:12 +0000

Hey Kathy! All things considered, it’s nice to make at least one of my readers happy. No the bill is disastrous, and it only underscores a major point. Us licking our chops at Iraqi oil does not really help us much in resolving the conflict in Iraq.

Nor, from what I’ve seen, does actually passing this bill look like it will result in any kind of reconciliation, but instead only deepen the rift, especially between Shias who are trying to consolidate their burgeoning power within Iraq, Kurds who actually have a posession is nine/tenths hold on oil fields, and Sunnis who look like they are primed to get the short end of the stick in the least comfortable place to get it.

By: Kathy

Kathy — Thu, 13 Sep 2007 14:55:16 +0000

Yeah! Another voice crying in the wilderness about the source of this bill! US media are NOT talking about this. I've written about this 3-4 times now. See US-Orchestrated Iraqi Oil Bill Stalled Ds and Progressives should not be touting this bill!