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Status: Offline Posts: 1,355 Join Date: Jun 2006 Location: India,chennai Gender: Way of Life: Muslim | Bush's Last Surge for the Oil -
01-29-2007
Since our invasion in 2003, the US has encouraged Iraq to come up with an oil law that would turn the state-owned oil system over to foreign oil companies. Such a law would allow Production Sharing Agreements, called PSAs to be signed with Exxon, Chevron, BP and Shell to capture and control all the oil production from new fields and reap a large share of the profits for the next 15 to 30 years.
here is the link Bush's Last Surge for the Oil  |
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