Way to go Bush and McCain. McCain wants us to stay and protect the Iraqis while they pump the oil for China.
http://english.aljazeera.net/business/2008...3538226440.htmlhttp://www.time.com/time/world/article/0,8...1837677,00.htmlAmerican Blood for Cina's Oil. Nice deal.
Do our troops in Iraq know about this? Do the families of the dead Americans know this?
karaplanet
Sep 2 2008, 06:19 PM
This was from one of the links posted:
Iraq and China's state-oil firm CNPC agreed the renegotiated terms of an old deal signed in 1997 to pump oil from the Adhab oilfield, Shahristani said.
CNPC is Asia's biggest oil and gas company.
"Finally we have reached an agreement," Shahristani said after clinching the deal.
Iraq has toughened the terms, changing the contract to a set-fee service deal from the oil production sharing agreement signed under Saddam.
Iraq needs billions of dollars of investment in its energy sector after years of war and sanctions.
I believe that it still has to pass in the legislature, which is no picnic. Personally, I am torn by this subject, in a sense. This bullshite war for oil would do well to blow up in the repig's faces, and be just fine by me, if it weren't for the deaths and casualties on ALL sides. Oil wars are just getting revved up. Water wars are next, IMO.
adamquestor
Sep 2 2008, 06:44 PM
Whack on side of head:
What if this was the "energy plan" all along? What if the US does the dirty work for China in exchange for propping up our economy?
Whoah.
So China supplies all our needs cheaply (except our jobs

) and funnels cash into our economy in exchange for Georgie using our military to invade Iraq and sustain the pumping of oil into China.
Whoah again - I have to stop thinking.
fla1sun
Sep 2 2008, 06:58 PM
Given the admission that this was a war for oil, can you really blame Iraq for not wanting us to have first dibs on the oil? I mean, really.
Maybe they will turn the embassy city into an orphanage.
We supposedly were going to SAVE them from Saddam, and we've killed more Iraqis than he did. We don't deserve the oil just because we spent billions of dollars trying to steal the stuff.
Gasoline costs us a heck of a lot more than $3.75 a gallon, we've got to factor in the cost of this God forsaken war.
QUOTE (NEM @ Sep 2 2008, 05:28 PM)

Way to go Bush and McCain. McCain wants us to stay and protect the Iraqis while they pump the oil for China.
http://english.aljazeera.net/business/2008...3538226440.htmlhttp://www.time.com/time/world/article/0,8...1837677,00.htmlAmerican Blood for Cina's Oil. Nice deal.
Do our troops in Iraq know about this? Do the families of the dead Americans know this?
I don't see that Irag is giving oil to China, as claimed in the title of your thread. I see that Iraq will be well compensated for the oil deal.
Once Iraq enacts laws to better govern their budding oil industry, more countries will follow suit. Isn't this what we really want for Iraq so they can stand on their own?
From your time.com link.
Fatah would not disclose the value of the deal, but an official at the Oil Ministry in Baghdad confirmed it would be worth $3 billion. He requested anonomity because the agreement hasn't been approved by the cabinet yet.
Major oil companies have been reluctant to commit to deals in Iraq because Baghdad has yet to enact a law to govern the oil industry.