In October, oil billionaire T. Boone Pickens expressed annoyance at the fact that US oil corporations were being asked to compete with foreign companies for oil contracts in Iraq.
“They’re opening them up to other companies all over the world… we’re entitled to it,” Pickens insisted, warning that after six plus years of American occupation “we leave there with the Chinese getting the oil.”
The Chinese may not be getting all the oil, but they’re getting some. The spoils of war were something a lot of American oil companies apparently took for granted, as they lost big in auctions for a massive chunk of Iraq’s oil reserves.
Analysts say security concerns may have kept American companies from bidding more, but it apparently didn’t stop other companies, including Shell (Netherlands), Gazprom and Lukoil (Russia), CNPC (China) and Petronas (Malaysia) from snatching up proven reserves roughly on par with the entire nation of Mexico in the auction.
Since it was mostly Russian and Chinese companies which had oil contracts in Iraq before the American occupation canceled them out, it is only natural that those countries were keen to restore their presence on those fields when the opportunity presented itself. Oil magnates who took the “blood for oil” mantra literally will have to look elsewhere.
Is someone able to explain the reason(s) that US started the war against Iraq or didn't US military meet the goals?
"were entitled to it",,,, Well I guess pirates feel the same way when someone takes their stolen treasure chest from them. Because you know, its like "their" money.
The second US invasion of Iraq was not for oil as the "peace" movement would have you believe. It was the result of the Zionists long stated goal of destabilizing Iraq so that she would not be a threat to Israel.
Read professors Walt (Harvard ) & Mearshemers (Univ. of Chicago)' book "The Israel Lobby & US Foreign Policy"
Also read "A Clean Break: A New Strategy for Securing the Realm" — the "realm" being Israel –written in 1996 for then and current Israeli PM, Benjamin Netanyahu by none other than Douglas Feith, Richard Perle and the Wurmsers, i.e., The Neo-Cons in the Cheney administrations.
You can find the latter online, and if you want to see the UsRael game plan I would strongly suggest that you read it.
This turn of events should make it very clear that we attacked Iraq strictly out of spite. The invasion was the twisted result of never ending envy and hatred coming from the Zionists, and juvenile desire by the mouth breathers here to “kick some hadji ass”. Nothing good will come from this rape of Iraq because nothing good went in.
I got good news for American thevies. Let's go back a few years into Canada. The Trudue Government natioalized the oil companies and cost the tax payers billion$–Canada booted out the Americans and to pay for it, the national tax GST was brought in. Petro Canada 100% owned by Canadians. Today,0% is owned by Canadians– in secret, back to Americans at 5cents to the dollar.
Here was the big scam and why the Americans loved it and no fight. Free trade was a blessing for them.Once in,they got the Quebec Seagrams to buy PetroCanada and flip it in 6 months back to USA. Now,free trade allows Canada oil to be pumped/shipped/ total cost into usa at $7.25 per barrel.Remember free trade applies only to the big boys.
In Canada most gallons of gas cost from $5–to $8. USA gets over 82% of it's imported gas and oil from Canada. Dirt cheap !
Don't believe the croc tears from the oil baron Americans- :^)
Does old Boonie feel any remorse that over 1 million people died needlessly and all he cares about are the oil contracts. If piles of money cause people to think this way, it proves the words of Jesus Christ, "The love of money is the root of all evil".
The US letting China get rights to the oil is just our, USA's, way of repaying the debt to the chinese
so the war was not for oil, it was to remove a threat to Israel. mission a complished. Now Bush and Blair and all the newconns will sleap better that Israel is safe.
Finally an admission of the REAL reason for the invasion of Iraq
why do you think china bankrolled the project?
contrary to what most Americans believe the united states relies on the middle east for less than 7% of its petroleum needs as apposed to the Asian powers like japan, which gets over 70% of its needs from the middle east
I think the contract put out on daddy Bush by Saddam was the reason that sonny put out one on him,that lead to Saddam hanging. Mission accomplished.