iraq oil hydrocarbon parliament

Plundering Iraq Would Ensure More, Longer War
bush war petroleum corporation

Proposed Iraqi Hydrocarbon Law Would Require Prolonged U.S. Occupation, Say Greens

Here are excerpts from statements by the Green Party of the United States and authors Antonia Juhasz and Raed Jarrar.

Green Party leaders warned that the new 'hydrocarbon law' up for approval in Iraq would lead to a prolonged, possibly permanent U.S. presence in Iraq, with U.S. military and Iraqi civilian casualties for years to come.

"The Iraqi hydrocarbon law, if approved by Iraqi lawmakers, will provide lucrative profits for U.S. energy corporations by placing up to 2/3 of Iraqi oil resources under foreign control," said Liz Arnone, co-chair of the Green Party of the United States. "The U.S. government, whether led by Democrats or Republicans, will be committed to protecting American energy company operations and investments in Iraq by keeping U.S. troops there."

Greens noted that passage of the law will aggravate Iraqi and regional anger over the U.S. invasion, which has cost the lives of hundreds of thousands of Iraqi civilians (as well as over 3,100 U.S. troops), destroyed Iraqi infrastructure, and ignited a sectarian civil war.

"Iraqis should be allowed to decide how their resources will be used, without the pressure of the U.S. occupation and demands from the Bush Administration," said Katey Culver, co-chair of the Green Party of the United States and co-chiar of the Green Party of Tennessee. "The hydrocarbon law amounts to legalized pillage by a foreign country, and that's how Iraqis will interpret it."

The Green Party has called for immediate withdrawal of U.S. troops from Iraq and has urged Congress to cut off funding for the war to compel President Bush to order the safe return of American service personnel.

"The Iraqi oil law shows that 'blood for oil' was a major reason for the Iraq War all along. It demonstrates that President Bush didn't invade Iraq because of claims about WMDs, conspiracy between Saddam Hussein and al-Qaeda, liberation and democracy for the Iraqi people, or other reasons that have proved fraudulent," said Green Party co-chair Jim Coplen.

The Iraqi hydrocarbon law, which was secretly drafted with the help of BearingPoint, a U.S. consultancy firm, provides 'production-sharing agreements' (PSAs) allowing major Western energy companies like ExxonMobil, Shell, ChevronTexaco, and BP to sign deals of up to 30 years to extract Iraq's oil. The PSAs appear to allow Iraq to retain legal ownership of its oil, but will ensure major profits for non-Iraqi companies that invest in infrastructure and operation of the wells, pipelines and refineries.

Iraq would be the only major Middle Eastern oil producing nation whose oil production is controlled by foreign companies. The hydrocarbon law will turn Iraq into an oil spigot for western nations, rather than a resource that benefits Iraqis.

The drafting process was secretive; few Iraqi officials were allowed to read the text, until it was leaked over the Internet. The law was approved by the Iraqi cabinet on February 26 and now heads to the Iraqi Parliament, which is under heavy pressure from the U.S. to pass it.

Antonia Juhasz and Raed Jarrar write:

Also see:

Someone is Trying to Distract You
http://www.progress.org/2006/stasi10.htm

Corruption and Torture: Bush's War Against Iraq
http://www.progress.org/2006/iraq38.htm

Already in 2003, US Government and Halliburton Preparing to Loot Iraq Oil
http://www.progress.org/2003/fpif37.htm

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