Big Oil's big dreams are close to coming true
Sun Dec 09, 2007 at 02:12:16 AM PDT
Well, Looks like Bush and VP Cheney will have a MERRY Christmas. They are getting what They Really really wanted.
Analysis: Big Oil to sign Iraq deals soon
By BEN LANDO
UPI Energy Editor
WASHINGTON, Dec. 6 (UPI) -- Big Oil's big dreams are close to coming true as Iraq's Oil Ministry prepares deals for the country's largest oil fields with terms that aren't necessarily what companies were hoping for but considered a foot in the door of the world's most promising oil sector.
Iraq's proven oil reserves are only smaller than those in Saudi Arabia and Iran -- and the country is only about 30 percent explored.
Let's see we TOOK Iraq-check, we're friends with the Saudis-check and then there's just IRAN in the way of a clean sweep. Hmmm?
Oil company officials met with U.S. officials, including Vice President Dick Cheney, PRIOR TO THE WAR and since, to discuss contracts for Iraq's oil. Former top officials of the companies were tasked by the U.S.-led occupation with advising the Oil Ministry.
PRIOR TO THE WAR SEE that statement- caps and bold are MY emphasis, but for the few doubters as to why they invaded and still occupy Iraq, well, what more proof do we need?
"This means that it is pay-off time for the majors that have been running training courses for Oil Ministry personnel, reservoir surveys, drawn up work-plans and given general advice during the past years," said Samuel Ciszuk, Middle East energy analyst for Global Insight. "It is clever."
He said forgoing bidding allows the ministry to move quickly, as well as prove wrong critics, such as the Iraqi Kurds.
Thousands and thousands of innocent people have died, been maimed,tortured, and relocated so that Cheney and his Oil cronies could have the best Christmas EVER.
Iran is next for the Perfect Trifecta.
But maybe this is fair play at least for now:
Iran drops dollar from oil deals: report
Major crude producer Iran has completely stopped carrying out its oil transactions in dollars, Oil Minister Gholam Hossein Nozari said on Saturday, labelling the greenback an "unreliable" currency.
"At the moment selling oil in dollars has been completely halted, in line with the policy of selling crude in non-dollar currencies," Nozari was quoted as saying by the ISNA news agency.
"The dollar is an unreliable currency, considering its devaluation and the oil exporters' losses," he added...
The fall of the dollar, which has weakened considerably against the euro and other currencies in the past 12 months, has affected the revenues of OPEC members because most of them price and sell their oil exports in the US currency.
See, the thing about Greed and Power, it is addictive and no matter how much some people, corporations have it is never enough, especially when MORE is so close, in fact just next door..
UPDATE Per fudgefighter's suggestion (thanks)
Blackwater" means OIL- I just made this connection. (Sometimes my brain is slower than MUD. LOL!)
No wonder that contractor is being supported. They will be guarding the oil fields and have probably been the crucial INTERNAL factor to get some of the logistics in place.