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Politics : DON'T START THE WAR -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (19765)3/12/2003 1:55:02 PM
From: TigerPaw  Respond to of 25898
 
observer.co.uk
To this end, control of Iraqi oil needs to bypass the twin tyrannies of UN control and regional fragmentation into Sunni, Shia and Kurdish supplies. The neo-conservatives plan a market structure based on bypassing the state-owned Iraqi National Oil Company and backing new free-market Iraqi companies.

But, in the run-up to war, the US oil majors will this week report a big leap in profits. ChevronTexaco is to report a 300 per cent rise. Chevron used to employ the hawkish Condoleezza Rice, Bush's National Security Adviser, as a member of its board.

Five years ago the then Chevron chief executive Kenneth Derr, a colleague of Rice, said: 'Iraq possesses huge reserves of oil and gas - reserves I'd love Chevron to have access to.'



To: Hawkmoon who wrote (19765)3/12/2003 1:59:28 PM
From: TigerPaw  Read Replies (1) | Respond to of 25898
 
Actually, NO US COMPANY exports oil from Iraq.
It would seem that Chevron/Texaco was controlling exports yesterday.

sanfrancisco.bizjournals.com