All About OIL

[WoodPeckr]

Always was, always will be.
Interesting how this all....... twists and turns........
Spreading 'Freedom & Democracy'.... that's for the chumps to swallow!

Oil Buddies

09.13.07 -- 12:40AM
By Josh Marshall

An article in tomorrow's Times reports that the long-negotiated compromise which seemed to be leading towards an Iraqi oil law -- a key 'progress' benchmark -- has apparently collapsed. All gone down the drain.

The story though connects up with another one we told you about just a couple days ago -- the decision of the Kurdistan regional government to sign an oil exploration deal with Dallas-based Hunt Oil, run by Mr. Ray L. Hunt.

The Shia and Sunni leaders believe the Kurds are opting for a sort of oil secession that puts them outside the whole concept of a law to share the country's oil resources. And the Hunt deal is apparently the straw that broke the camel's back, shall we say.

But remember, Hunt, in addition to being the son of legendary Texas John Birch Society extremist H.L. Hunt, is also a pal of the president's. Indeed, President Bush has twice appointed Hunt to his Foreign Intelligence Advisory Board. So while the president is striving to get the Iraqis to meet these benchmarks one of his own pals -- and more importantly, political appointees -- is busy helping to tear the whole thing apart.

 

[LancsLad]

Woody fails

I thought pekker was going to explain where Oil Please ( 5th gen) went.


Instead its just another pekker rant.

 

[danmand]

I thought pekker was going to explain where Oil Please ( 5th gen) went.


Instead its just another pekker rant.

You call that a rant? Have you joined the OTB and Lange steamroller?

 

[LancsLad]

You call that a rant? Have you joined the OTB and Lange steamroller?

No I haven't, its just that woody is so tiresome and predictable that I was hoping he was "growing" as a person with new interests when saw the title.

I was wrong.


.

 

[danmand]

No I haven't, its just that woody is so tiresome and predictable that I was hoping he was "growing" as a person with new interests when saw the title.

I was wrong.

I think, respectfully, also that you were wrong in dismissing the information in his post.
It seems to me to be a significant development.

 

[papasmerf]

Thank God for dinosaurs

 

[frasier]

You call that a rant? Have you joined the OTB and Lange steamroller?

..you mean like you joined the Woody and Tov Magic Bus?

 

[WoodPeckr]

I think, respectfully, also that you were wrong in dismissing the information in his post.
It seems to me to be a significant development.

Indeed this is a a significant development.
However Laddie wouldn't know that if it bit him in the arse!....

 

[WoodPeckr]

Paul Krugman weighs in.....

Someone mentioned Paul Krugman is a good source to read.
Took his advice and here is what Paul Krugman has to say about the OIL situation in Iraq.

Krugman: Bush backer banks on Iraq's failure Nick Juliano

Published: Friday September 14, 2007

A Texas oil company whose CEO is a longtime confidant of President Bush with access to the most closely held US intelligence has entered into an agreement to explore for oil in Iraq's semi-autonomous Kurdistan region.

The agreement shows that Dallas-based Hunt Oil Co. and its chief executive Ray L. Hunt are "effectively betting against the survival of Iraq as a nation," argues New York Times columnist Paul Krugman.

Hunt raised about $100,000 for Bush during the president's 2000 campaign, and he serves on the President's Foreign Intelligence Advisory Board, which gives him access to some of the most exclusive data collected by US spy agencies.

"What's interesting about this deal is the fact that Hunt, thanks to his policy position, is presumably as well-informed about the actual state of affairs in Iraq as anyone in the business world can be," Krugman observers. "By putting his money into a deal with the Kurds, despite Baghdad's disapproval, he's essentially betting that the Iraqi government -- which hasn't met a single one of the major benchmarks Bush laid out in January -- won't get it's act together."

Condemnation of the deal between Hunt Oil and the Kurdish provisional government was swiftly condemned by Iraq's oil minister Hussain al Shahristani, who declared the deal illegal days after it was announced, despite the Kurds' entreaties to share revenues.

Since Bush announced his surge strategy in January, Iraq has failed to achieve any of the benchmarks for political progress toward reconciliation -- a fact that was conveniently omitted from the president's prime-time address Thursday. Indeed, just days after the Hunt-Kurdistan agreement came reports that negotiations over an oil-revenue sharing law -- seen as the primary key to allowing Iraq to reconcile -- have apparently collapsed.

"The smart money, then, knows that the surge has failed, that the war is lost, and that Iraq is going the way of Yugoslavia," Krugman writes. "And I suspect that most people in the Bush administration -- maybe even Bush himself -- know this, too."

Oil is Iraq's primary resource, accounting for two-thirds of its GDP and nearly all of the government's revenue. The Bush-backer-backed fractionalization of the country's oil revenue gives little hope the country can recover from the quagmire and civil war it finds itself in following the US invasion and five-year occupation.

"Oil is perhaps the key incentive warring factions have to stop fighting and take an interest in the stabilization of their country," says blogger Brian Beutler, a former Raw Story reporter. "That it wasn't enough says something important."

 

[Asterix]

No I haven't, its just that woody is so tiresome and predictable that I was hoping he was "growing" as a person with new interests when saw the title.

I was wrong.


.

WoodPeckr has more than his share of silly and pointless posts, but I found this interesting and at the crux of our continued involvement in Iraq. The Iraq Oil Law is the key benchmark sought by the US. If they don't get it passed the way they want, our expensive little venture in Iraq will be considered a failure by Bush and Co. whether they admit to it or not. Btw, when was the last time you offered up anything of substance for discussion? If so I must have missed it.

 

[LancsLad]

WoodPeckr has more than his share of silly and pointless posts, but I found this interesting and at the crux of our continued involvement in Iraq. The Iraq Oil Law is the key benchmark sought by the US. If they don't get it passed the way they want, our expensive little venture in Iraq will be considered a failure by Bush and Co. whether they admit to it or not. Btw, when was the last time you offered up anything of substance for discussion? If so I must have missed it.

My threads on a pressing domestic issue of gross waste and negligence are usually deleted.

 

[WoodPeckr]

My threads on a pressing domestic issue of gross waste and negligence are usually deleted.

That alone attests to your credibility or more correctly LACK thereof......

 

[LancsLad]

That alone attests to your credibility or more correctly LACK thereof......

Actually you are once again off the mark. My thoughts and opinions on that particularly galling Canadian domestic problem are shared by many taxpayers in Canada. Most don't express their opinion because they fear the wrath of the PC police who prefer to view thru unfocused rose coloured glasses. I couldn't give a rats ass what others think of my view. If they don't like it, let them pay for those expensive state pets themselves.

As to why those posts and threads are deleted, thats not my call.

 

[WoodPeckr]

Laddie,
Thanks for supporting my point!....

 

[LancsLad]

Laddie,
Thanks for supporting my point!....

Pointed heads are so passe.

 

[WoodPeckr]

So there Skippy, how do you like the way that Dallas-based Hunt Oil Co. and its chief executive Ray L. Hunt are "effectively betting against the survival of Iraq as a nation."?
Is him going against your boy Dubya OK, because a buck can be made?..

 

[WoodPeckr]

Actually you are once again off the mark.

Well there Laddie, my little half-witted friend, it looks like I was right on the mark with saying Iraq was all about OIL.
It appears I have Al Greenspan backing my claims, along with Paul Krugman, Chuck Hagel, Mike Pence, to mention just a few TOP GOPers.
All you got backing you is lange, bot & daddy JAJA!!!!!!....