You need to activate Javascript in your Firewall and Browser to get the best out of this multimedia site. There is NO SPYWARE.
Instant Search
Home arrow Blog arrow Who will control Iraq's oil?
Who will control Iraq's oil? Print E-mail
Tag it:
Delicious
Furl it!
Spurl
NewsVine
Reddit
YahooMyWeb
What will happen to Iraq's oil supplies? This is being seen as the key question of the post-war reconstruction of Iraq. Baghdad's massive oil reserves - second only to those of Saudi Arabia - hold the potential to make Iraq one of world's richest countries so control of the industry is crucial. US officials including Vice-President Dick Cheney and Secretary of State Colin Powell insist the oil assets will be used to benefit Iraqis but that could mean oil being sold to pay for rebuilding contracts handed out to US companies. Unlike Afghanistan, Iraq has the means through oil to pay for its "liberation". There could also be demands for compensation for war costs. The Pentagon says it spent $20bn in the first four weeks since invasion.

http://news.bbc.co.uk/1/hi/world/middle_east/2955789.stm
 
< Prev   Next >
© 2017 Green Politics

This is Keith Richardson's alternative news site. The site aims to promote Truth, Justice, a green clean healthy environment and a wildlife friendly world. It is currently focused on Foreign News and particularly the Middle East.