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Politics : Attack Iraq?

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To: H-Man who wrote (4557)3/13/2003 10:51:29 AM
From: Victor Lazlo  Read Replies (2) of 8683
 
It is about oil -for the French. Chirac has been a personal friend of Saddam for over 30 yrs.

Total Fina, the french petro co, was established just to drill and export oil in Iraq. France has the rights to a huge untapped oil reserve in Iraq that is est to be one of the biggest ever in the world.

After they drill this iraqi oil and import it to france, the Frecnh govt slaps huge tax levies on it at the gas pump in frnace, thus reaping huge tax reveniues from the oil. The Euro countries don't pay any more for crude than US co's do- they simply tax the heck out of its consumption.

So yes it is about oil - for the french.
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