Iraq MP: U.S. oil law pressure no help

[sabra]

Source: UPI

DUBAI, United Arab Emirates, Sept. 4 (UPI) -- U.S. pressure on Iraq's government to pass an oil law as one of 18 benchmarks didn’t help and the law isn't ready to pass now, a top parliamentarian said.

Next week U.S. Embassy and military officials in Baghdad are to deliver a report on how Iraq’s government fared on the benchmarks, most of which were missed.

One benchmark, passing an oil law that shares revenues as a way of reconciling factions, was not expected to be achieved.

For one, the oil law the Bush administration was pushing for was highly controversial, getting right to the heart of the future of Iraq in terms of federalism and foreign investment. And the law doesn’t deal with revenue sharing at all; a separate revenue-sharing law does.

“This is political pressure. It’s in the media,” said Abdul-Hadi al-Hasani, deputy chair of the Parliament’s Energy Committee. “They think by really passing this law, it could improve the economy and give people better hope, better security and better political process.”

Read more: http://www.upi.com/International_Security/Energy/Briefing/2007/09/04/iraq_mp_us_oil_law_pressure_no_help/2191/

[Drum]

1. THIS is the hand that the magicians don't want us to watch....

In my layman's opinion, it's the fulcrum of the whole bogus war. I believe that Iraq should stubbornly resist the other international's efforts to secure their own (the Iraqi's) resources.

I sincerely hope that that "Big Oil" gets NOTHING that they're after in this....

[Maggie_May]

2. This is it this is whats it all about!

The oil that most of new thats what it was about in the first place.
MPs face two major issues: whether former Baath party members will be allowed back to positions of power and whether to pass an oil law aimed at dividing up resources.
http://english.aljazeera.net/NR/exeres/37DB6171-F382-4890-A54B-3DAD6F2F183D.htm

If Parliament passes this it will no longer be the Iraq's that benefit from it. It will be no different than when Saddam Hussen was in power. These people can't afford 3 dollar gas. They can't even afford 1 dollar gas. Do realize when the oil companies get there hands on it its over for the Iraqi people. They will hate us and their newly prop up government even more.

I just hope that the Iraqi Parliament isn't getting paid off big bucks to pass this just like our Politicians. I wonder why Bush took a dash to Iraq yesterday and I bet this was discussed.