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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (14467)	10/30/2003 3:17:28 AM
From: LindyBill	Read Replies (1) \| Respond to of 793693

$2.65 a gallon It's almost that high here in the Islands. And nobody is shooting at the guys delivering it. Hell, it costs me about $1.75 to fill up my Moped! Lindybill@outrageous.com

To: Lizzie Tudor who wrote (14467)	10/30/2003 2:23:20 PM
From: greenspirit	Respond to of 793693

The US Army doubled the maximum size of massive contracts to rebuild Iraq's war-shattered oil industry to two billion dollars. channelnewsasia.com The contracts, expected to have been awarded about now, would be decided in 30 to 60 days to give bidders a chance to revise their proposals, the US Army Corps of Engineers said. The work is open to US and eligible foreign companies, replacing a hotly-disputed contract doled out to a subsidiary of Halliburton -- a company run by US Vice President Dick Cheney from 1995 to 2000. The Corps of Engineers had come under fire over its granting of the Iraqi oil contract on March 8 to Halliburton subsidiary Kellogg, Brown and Root without putting it out to bid. The Corps argued that the KBR contract was simply an emergency bridge to a longer-term contract to be put out to tender. The Army is awarding two contracts for the work in Iraq: one for the north of the country and one for the south. The contracts to restore Iraq's oil fields to pre-war condition would now have a maximum value of 800 million dollars in the north and 1.2 billion dollars in the south, it said. Previously, the maximum had been 500 million dollars for each of the two contracts. The minimum value of the contracts -- 500,000 dollars -- remained unchanged. "Incorporating the increased capacity into the competitive contracts to be awarded is a prudent strategic measure that will allow Task Force Restore Iraqi Oil to complete its mission," the Corps said. Task Force Iraqi Oil -- charged with restoring oil production, oil refining and gas processing capability to pre-war levels -- is led by the Corps of Engineers. According to the Corps, the Iraqi Ministry of Oil and the task force had exceeded their goals by working together to bring crude production up to more than two million barrels per day. The army will pay for the reconstruction work on a basis of the cost of the work performed, plus an award fee. The contracts run for 24 months with three one-year options. Contracts include extinguishing oil well fires; cleaning up oil sites; restoring infrastructure to safe operation; maintaining oilfields, pipelines and refineries; buying, importing and distributing fuel products; and technical assistance to Iraqi oil companies.