Luther Blissett
Nomadologist
One of the recommendations of the Iraq Study Group has been that Iraq must privatize its oil industry and open it up to international companies.
So clearly here is the crunch - open up your oil industry to be bought by international corporations.
Anti-war activists will welcome a pullout, but what's remains would be even worse if Iraq allows foreign oil companies to develop it's oil fields - another type of corporate occupation that syphons the Iraqis own resources and potential wealth into the pockets of International Corporations.
Iraqi President Talabani Rejects Iraq Study Group Report
Iraq's President Jalal Talabani has publicly rejected the recommendations of the Iraq Study Group.
* Jalal Talabani: "I think that the Baker-Hamilton (report) is not fair, is not just and it contains some very dangerous articles, which are undermining the sovereignty of Iraq and its constitution and it which is against the long struggle of the Iraqi people against dictatorship."
Report: Iraqi Political Group Meet to Oust al-Maliki
The Associated Press reports major partners in Iraq's governing coalition are holding behind the scenes talks to oust Prime Minister Nouri al-Maliki. The new alliance would be reportedly led by the pro-Iranian Shiite politician Abdul-Aziz al-Hakim, who met with President Bush last week.
Iraq Gov't Drafts Law to Open Oil Fields to Private Firms
The Iraqi government has moved closer to passing a new oil law that is expected to trigger the start of massive private development of the country's oil fields. Dow Jones Newswires obtained a copy of the draft hydrocarbon law. It recommends the government sign production sharing agreements with foreign oil companies to develop Iraq's oil fields. An Iraqi oil ministry official said that the new law proposes allowing - for the first time - local and international companies to carry out oil exploration in Iraq. During the rule of Saddam Hussein exploration activities used to be carried out only by the government. http://www.democracynow.org/article.pl?sid=06/12/11/155220
So clearly here is the crunch - open up your oil industry to be bought by international corporations.
Anti-war activists will welcome a pullout, but what's remains would be even worse if Iraq allows foreign oil companies to develop it's oil fields - another type of corporate occupation that syphons the Iraqis own resources and potential wealth into the pockets of International Corporations.