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Western Oil Firms Remain as US Exits Iraq | Truthout
""Only a naïve child could believe the Americans came here for something besides our oil," Ahmed Ali, an unemployed engineer, told Al Jazeera. "Nor can we believe their being here has anything to do with helping the Iraqi people."
Basim al-Khalili, a restaurant owner in Baghdad's Karada district, agrees.
"If Iraq had no oil, would America have sacrificed thousands of its soldiers and hundreds of billions of dollars to come here?"
Oil analyst Juhasz also agrees.
"The US and other western oil companies and their governments had been lobbying for passage of a new national law in Iraq, the Iraq Oil Law, which would move Iraq from a nationalised to a largely privatised oil market using Production Sharing Agreements (PSAs), a type of contract model used in just approximately 12 per cent of the world's oil market."
She explained that this agreement has been summarily rejected by most countries, including all of Iraq's neighbours, "because it provides far more benefits to the foreign corporation than to the domestic government".
But it has not been an easy road for the western oil companies in Iraq."
This is an Al Jazeera (Arab/MidEast) view of the Iraqi situation. Is it accurate? Is it lies? Is it propaganda? Why is the popularized USA view of spreading democracy so widely believed in the USA? Do OIL corporations have enough power in our USA gov't to initiate asset wars? Did you vote for that?
""Only a naïve child could believe the Americans came here for something besides our oil," Ahmed Ali, an unemployed engineer, told Al Jazeera. "Nor can we believe their being here has anything to do with helping the Iraqi people."
Basim al-Khalili, a restaurant owner in Baghdad's Karada district, agrees.
"If Iraq had no oil, would America have sacrificed thousands of its soldiers and hundreds of billions of dollars to come here?"
Oil analyst Juhasz also agrees.
"The US and other western oil companies and their governments had been lobbying for passage of a new national law in Iraq, the Iraq Oil Law, which would move Iraq from a nationalised to a largely privatised oil market using Production Sharing Agreements (PSAs), a type of contract model used in just approximately 12 per cent of the world's oil market."
She explained that this agreement has been summarily rejected by most countries, including all of Iraq's neighbours, "because it provides far more benefits to the foreign corporation than to the domestic government".
But it has not been an easy road for the western oil companies in Iraq."
This is an Al Jazeera (Arab/MidEast) view of the Iraqi situation. Is it accurate? Is it lies? Is it propaganda? Why is the popularized USA view of spreading democracy so widely believed in the USA? Do OIL corporations have enough power in our USA gov't to initiate asset wars? Did you vote for that?
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