US 'backed illegal Iraqi oil deals' The United States administration turned a blind eye to extensive sanctions-busting in the prewar sale of Iraqi oil, according to a new Senate investigation. A report released last night by Democratic staff on a Senate investigations committee presents documentary evidence that the Bush administration was made aware of illegal oil sales and kickbacks paid to the Saddam Hussein regime but did nothing to stop them. The scale of the shipments involved dwarfs those previously alleged by the Senate committee against UN staff and European politicians like the British MP, George Galloway, and the former French minister, Charles Pasqua.
Documents: U.S. condoned Iraq oil smuggling Documents obtained by CNN reveal the United States knew about, and even condoned, embargo-breaking oil sales by Saddam Hussein's regime, and did so to shore up alliances with Iraq's neighbors. The oil trade with countries such as Turkey and Jordan appears to have been an open secret inside the U.S. government and the United Nations for years.
Why $2 Gas Is Amazing Gasoline is now selling at more than $2 a gallon, which, after inflation, is higher than it's been since 1981. But that's not the amazing part. Actually, there are three amazing parts.
Path of a Pipeline: Oil, Empire, and Influence in the New Eurasia While so many of us talk about Iraq and war in terms of oil, it might prove useful to note what is going on close by. Not mentioned, however, in the article is the guess that China will have stupendous energy needs in the next decade, and what is taking place here will have an impact on their needs.
US buys up Iraqi oil to stave off crisis Buy now. Own later. Is this odd or what?
Carve-up of oil riches begins US plans to ditch industry rivals and force end of Opec, write Peter Beaumont and Faisal Islam
Iran and Iraq: too much there for countries to ignore If the peaceniks in the U.S. insist that going into Iraq is an attempt to get hold of the oil, then it might equally be said that those nations opposed to an American attack on Iraq also have self-interest in not wanting America to enter Iraq.
Is it all about oil? Iraq war protesters insist a war wil be about oil. Others say no. Here the writer argues that it is both--it is not all about oil but we will control the oil should we take control.
Yemen, France Probe Tanker Blast Although Yemen claims the oil spill to be an accident, French autorities and others (DEBKA) believe this may be part of terror network acting up in oil route, driving up prices and fears.
Saddam's oil scam....and other tidbits of interest about Iraq versus US. oops. I almost said "and the world," but the world seems indifferent or annoyed at the American threat to Iraq.
Iraq improves its oil reserves This piece belongs with the other post I recently posted on oil and world political and military strategies. I guess that since filling my gas tank this evening I have narrowed my focus a bit, for which, apologies.
Blood for oil All these nations scrambling to gain control over oil, and I had thought american interests were in spreading democracy to those who lack it but have and/or need oil.