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Blog Who will control Iraq's oil?
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- U.S. Struggles to Transform a Tainted Iraqi Police Force
- A GUARD'S DIARY of Saddam Hussein
- Academic report into news reporting of Iraq
- After 13 years fighting Saddam, Lord of the Marshes wants his country back
- Americans in Baghdad
- Americans see things differently
- Amnesty International report on attack on human rights
- Apes (not Homo Sapiens) heading for extinction
- Attacks on Civilians
- Ba'athists now put Iraq first 1968
- Bahgdad after the invasion
- BBC War reporters in Iraq
- Bribes scandal hits Iraq's US administrators
- Buoyed by US support, Israel presses drive against Hamas
- Clare Short's parting shot to Blair - 13 May 2003
| Who will control Iraq's oil? |
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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 |
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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.