Real World Event Discussions

Finally: Getting Iraq's Oil

POSTED BY: SignyM
UPDATED: Sunday, August 16, 2026 22:48
VIEWED: 6718
PAGE 2 of 6

Thursday, April 19, 2007 3:56 PM

Geezer- Development can be contracted without giving up ownership. One of the problems with Iraq is that the CPA effectively took the oil revenues from Iraq. That money could have been used to contract for development. FYI the pattern of ationalization is like this:

1971
Algeria
Venezuela (planned)
Libya (BP concession)

1972
OPEC (25 percent government ownership of all Western oil interests operating within Kuwait, Qatar, Abu Dhabi and Saudi Arabia)
Iraq (BP, Royal Dutch-Shell, Compagnie Francaise des Petroles, Mobil/SONJ)

1973
Iran and Consortium
Libya (Bunker Hunt)
Venezuela (completed)

1976
Kuwait

What surprized me is that Venezuela's oil was nationalized so many years ago. How did it get un-nationalized?



---------------------------------
Always look upstream.

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Thursday, April 19, 2007 4:30 PM

Now that enough info has floated around RWED for the relationship to be effectively explained..

Try reading up on Operation Ajax, and the resultant fallout.
http://en.wikipedia.org/wiki/Operation_Ajax

This is a BIG piece of why...
A - Iraqis trust Muslim fanatics.
B - Why those fanatics despise us.

The long and short of it is, hate them as you wish, hell hate them for what they DO, sure, but understand that most middle easterners remember them as being the only thing that stopped foreign oil companies from sucking their entire countries dry while sticking them with a tyrant (The Shah) that made Saddam look like a damn choir boy.

You think they've forgotten it ?
Like hell.

Of *course* they're going to place their bet, and their faith, in the only folks that ever managed to beat down and ran off the rapacious corporations.

Not sayin I like em, not sayin their decent folk, but pointing a damned obvious point of history most americans have long forgotten, because at this point of things, it's extremely relevant.

-Frem

It cannot be said enough, those who do not learn from history, are doomed to endlessly repeat it

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Thursday, April 19, 2007 4:34 PM

Quote:

Originally posted by SignyM:
Geezer- Development can be contracted without giving up ownership.



Looking at the agreement it seems more like contracting someone to extract the oil, rather than giving up ownership.

http://www.box.net/public/ehdzt13d71

The Deepblade blog does go through a torturous line of what-ifs to make it seem so, but you have to assume that the Iraqi government is massively naive.

"Keep the Shiny side up"

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Thursday, April 19, 2007 4:43 PM

Quote:

Originally posted by ShinyEd:
I see the Tokyo Rosie O Brigade is out in full force again today slinging their usual vile bullshit.

SE, if all you can do is sling the crap, and not discuss exactly WHY you despise truthful discussions concerning conspiracies staring us right in the face, then why even frequent the RWED? Just stay on the entertainment side where you're much more pleasant.
Would you have been a good Nazi? A righteous slave-owner? An Operative with the Alliance? What makes you think those in power are EVER thinking about the good of the people? Bush is no devil- but he's far from a saint, as well.
He's in it for the power and glory, just like most before him. Some have tried to do the right thing- that got them killed or discredited. Power corrupts, and the sooner you come to terms with this reality, the better for your realistic interpretation of modern history.

Until then...

Chrisisall

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Thursday, April 19, 2007 4:57 PM

Quote:

Originally posted by chrisisall:
Until then...


go fuck thyself

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Thursday, April 19, 2007 5:28 PM

Quote:

Originally posted by ShinyEd:
Quote:

Originally posted by chrisisall:
Until then...


go fuck thyself




Nice to see your useing your particular brand of witty discourse in all of your conversations....

Or, should I say:

Holy crap! What a fuck-tard.

Yep, that second one seems to be more on your level.

"I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him."

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Thursday, April 19, 2007 5:44 PM

Chris, Story- When someone resorts to impotent name-calling I look at it as a form of validation.

---------------------------------
Always look upstream.

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Thursday, April 19, 2007 5:58 PM

Quote:

Originally posted by Storymark:
Nice to see your useing your particular brand of witty discourse in all of your conversations....
Or, should I say:
Holy crap! What a fuck-tard.
Yep, that second one seems to be more on your level.


Just curious Mark, do you personally have anything to add to any discussion in RWED besides Ad hominems?

Posting to stir stuff up.

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RUE
Thursday, April 19, 2007 6:05 PM

It's weird - Kaneman's writings get compared to Cho's and Kaneman disappears - but then ShinyEd shows up with the same spew.

Cho was picked on in junior high and high school. I'm guessing the sock puppets had the same life history as Cho.

Isn't it about time to get a life? Or will you be trapped in junior high till you die?

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Thursday, April 19, 2007 6:06 PM



aw, shit---grow up people

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