Bush's Grab of Iraqi Oil Unites Iraq Against the USA

Funny story written by Felix Minderbinder

Friday, 10 August 2007

image for Bush's Grab of Iraqi Oil Unites Iraq Against the USA
Bush wants Iraq oil law for Exxon Mobil

WASHINGTON (FMLiveWire) - Iraq's Shiites, Sunnis and Kurds are uniting in their fight against the oil laws that George Bush and his Big Oil cronies are pushing in the Iraqi Parliament.

Enacting the Bush regime's "hydrocarbons framework" is even widely known as the real reason for invading Iraq and ousting Saddam Hussein, and it was planned even before 911.

The law would privatize the oil fields of Iraq and give Exxon Mobil and other Big Oil parasites imperial control of Iraq's vast energy reserves on terms which would screw Iraq for decades to come.

Washington calls the oil law "a vital benchmark on the road to a fully sovereign Iraq."

Yet Democratic Representative and Presidential Candidate Dennis Kucinich accuses his own party, Nancy Pelosi, and Hillary Clinton of promoting Bush's effort to grab Iraq's oil under the banner of a "reconciliation program."

A recent opinion poll found that Iraqis from all ethnic and sectarian groups and across the political spectrum oppose the proposed laws.

Meanwhile, the war's advocates continue to sell the occupation of Iraq as part of a scheme to "democratize" the country.

The framework law would hand over control of the country's oil wealth to Exxon Mobil and friends while Iraq stands to lose tens of billions of dollars in revenues under the contract terms.

Iraqis overwhelmingly reject this arrangement. In the recent poll of 2,200 Iraqis, almost two-thirds of Iraqis said they would prefer Iraq's oil to be developed and produced by Iraqi state-owned companies over foreign companies.

Opposition to the privatization scheme abounds in the Iraqi parliament where a growing number of lawmakers have come out in opposition to the oil laws.

More than 100 Iraqi oil experts, economists and legal scholars have opposed the draft legislation and urged the Iraqi parliament to can it.

The most vocal opposition to the oil framework has come from Iraq's influential oil workers' unions, which have described the proposed hydrocarbon laws as "unbalanced and incoherent" and which would "set region against region." They have threatened mutiny if the law is passed.

In favor of the laws are the multinational energy companies who would gain tens of billions more profits in Iraq than they could expect from any other country.

Faced with such widespread and intense opposition to a set of laws that were written in Washington, London and Houston, the puppet Iraqi government has kept Iraqis in the dark over the proposed legislation, and brought severe pressure and coercion to move the legislation forward.

Yet enough people have learned of the law and specifically its call for the use of onerous contracts known as "Production Service Agreements" favored by Big Oil to spark outrage among the Iraqi people and Iraqi legislators.

-Copyright Felix Minderbinder Live Wire

The funny story above is a satire or parody. It is entirely fictitious.

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