relating to the passage of the hydrocarbon act.
http://www.harpers.org/archive/2007/03/sb-democrats-oil-1174575083"That's a dubious proposition given that President Bush has promised to veto the bill if it passes.
Meanwhile, about halfway through the 80-page supplemental bill is a section that demands that the Iraqi government enact “a broadly accepted hydro-carbon law that equitably shares oil revenues among all Iraqis” by this fall. That sounds perfectly fine, but the law in question turns out to be one that the Bush Administration and American energy firms have been pushing for years and that, as Antonia Juhasz of Oil Change International explained last week in a New York Times op-ed, would allow international companies to take control of much of Iraq's oil “for a generation or more,” with no requirements to reinvest earnings in the country...
Congressman Dennis Kucinich has been circulating a “Dear Colleague” letter that asks, so far to no avail, that the call for passage of the oil law be stripped from the measure. “We cannot . . . support this law and continue to claim our actions are in the best interest of the Iraqi people,” he wrote..."Whose Oil Is It, Anyway?
http://priceofoil.org/thepriceofoil/war-terror/iraqi-oil-law/nyt-whose-oil-is-it-anyway/" new oil law set to go before the Iraqi Parliament this month would, if passed, go a long way toward helping the oil companies achieve their goal. The Iraq hydrocarbon law would take the majority of Iraq’s oil out of the exclusive hands of the Iraqi government and open it to international oil companies for a generation or more.
In March 2001, the National Energy Policy Development Group (better known as Vice President Dick Cheney’s energy task force), which included executives of America’s largest energy companies, recommended that the United States government support initiatives by Middle Eastern countries ‘’to open up areas of their energy sectors to foreign investment.'’ One invasion and a great deal of political engineering by the Bush administration later, this is exactly what the proposed Iraq oil law would achieve. It does so to the benefit of the companies, but to the great detriment of Iraq’s economy, democracy and sovereignty.
Since the invasion of Iraq, the Bush administration has been aggressive in shepherding the oil law toward passage. It is one of the president’s benchmarks for the government of Prime Minister Nuri Kamal al-Maliki, a fact that Mr. Bush, Secretary of State Condoleezza Rice, Gen. William Casey, Ambassador Zalmay Khalilzad and other administration officials are publicly emphasizing with increasing urgency..."
Democrats and the Iraqi Oil Law
http://www.huffingtonpost.com/stan-goff/democrats-and-the-iraqi-o_b_47237.html "No blood for oil!" was a rallying cry against the Bush administration's war against Iraq. Now it can be more properly applied to the Democrat-controlled Congress that is drenching its hands in blood for precisely the same thing. This detail is obscured by public pronouncements that treat Iraq's so-called "Hyrdocarbon Law" as if it were an article of religious faith instead of a bald-faced attempt by the US government (Republicans and Democrats alike) to secure unfettered access to Iraq's fossil energy by Big Oil..."
George Bush’s Land Mine:
If the Iraqi People Get Revenue Sharing, They Lose Their Oil to Exxon
by Richard Behan
http://www.commondreams.org/archive/2007/03/30/201/