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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Orcastraiter who wrote (476539)	10/16/2003 11:56:05 AM
From: American Spirit	Respond to of 769667

Is Halliburton guilty of Iraqi gas gouging? A study released Wednesday by two Democratic congressmen accuses the energy services company of "highway robbery." - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - By Farhad Manjoo Oct. 16, 2003 \| Iraq, you may have heard, has a lot of crude oil. Before the war, this was the one point that both the Bush administration and its fiercest critics seemed to agree on. Everyone had a different theory about what would happen to the oil in the event of war -- the administration promised that Iraq's resources would pay for its redevelopment, while the critics argued that the oil money would fill the coffers of Western corporations -- but at least people saw eye to eye on what seemed like an incontrovertible fact: A Saddam-free Iraq would be an endless source of cheap gas. But, at least so far, gasoline in Iraq has not been cheap. And it might surprise you to learn that you've been paying for it -- according to a study released on Wednesday by Democratic Reps. Henry Waxman and John Dingell, each gallon of gas sold in Iraq has cost American taxpayers $1.59, and possibly as much as $1.70. In the rest of the Middle East, gas costs about half that amount; even in Toledo, Ohio gasoline's cheaper than it is in Baghdad. Why is getting gasoline to oil-rich Iraq costing Americans so much money? The congressmen have a one-word, obvious answer: Halliburton.