Here's a thought experiment from The Wall Street Journal: Assume that Iraq's democratic government declared it was nationalizing its oil industry, a la Venezuela or Saudi Arabia, while excluding American companies from the country. How do you think U.S. politicians would react? With angry cries of "ingratitude" and "this is what Americans died for"? Of [...]
U.S. Congress calls on Bush to block or cancel Iraq oil deals
*Big Oil deals with Baghdad are the target *As are Hunt Oil and other KRG deals signed with U.S. firms *Plus, Iraq to establish Maysan oil company *And, Alive in Baghdad U.S. congressional leaders are pressing the Bush administration to block deals to be signed between the Iraqi federal government and the world's largest oil [...]
