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Why Iraq Is Doing Business With China

By David Hinz - Posted on September 18th, 2008
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The announcement last month that the government of Iraq had inked a deal with the China National Petroleum Corporation to develop oil fields in Southern Iraq sparked criticism of US policy to allow this to take place.

Democrats were quick to jump on the Bush Administration for allowing Iraq to sell their oil to China, while the United States is still engaged in helping the Iraqi government establish a democratic state.

The same Democrats who were once decrying, "NO WAR FOR OIL" are now demanding that the United States extract oil for Iraq in return for their freedom.

But, the sad fact is, the Iraqis were more than willing to sell their oil to American companies, and admit those countries into Iraq to rebuild their infrastructure -- but those efforts were thwarted by Congressional Democrats in the US.

When it was announced in June that Iraq was set to allow Exxon Mobil, Shell, BP, Total and Chevron no-bid contracts to rebuild and expand Iraqi oilfields and eventually drill for additional oil, Congressional Democrats stepped in.

The contracts were expected to bring in more than $3 billion to American corporations. When it became known that the US government was aiding the Iraqi government in structuring these contracts -- Democrats cried foul!

Three Senate Democrats, Chuck Schumer D-NY, John Kerry D-MA and Clair McCaskill D-MO all wrote a letter to the US State Department demanding that the US hold off on allowing any Iraqi oil agreements until Iraq had passed a hydrocarbon law/ They demanded that no additional infrastructure development be started until Iraq passed laws for GLOBAL WARMING!

Because of this meddling from Congressional Democrats, Iraq elected to cancel their plans with the American companies, and to make their deal with China. Americans will pay higher prices at the fuel pumps and will have fewer jobs created by American corporations because three congressional Democrats decided to interfere in the internal politics of a foreign country.

Thank you Chuck Schumer, thank you John Kerry, thank you Claire McCaskell -- and the American people thank you every time they fill up their gas tanks.

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gamecock's picture
Thanks for putting faces (see 3 stooges) on this matter-nt
Submitted by gamecock on Thu, 2008-09-18 08:46.

"One man with courage makes a majority." - Andrew Jackson

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GC, as a former insider...
Submitted by stang on Fri, 2008-09-19 16:49.

I've always wondered whether Schumer, Pelosi and similar ilk really are just seriously misguided individuals or is the discussion in their inner circle as politically crass and cynical as their actions would lead you to believe? (I think I know the answer.) And how big is that circle? By that I mean where do you stop being one of the useful idiots and become an expendable idiot?

I'm just thinking that dead great general's advice to be in your opponent's shorts might help concentrate attention on the high value targets in a target rich environment.

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gamecock's picture
Pelosi is useful, Schumer has sold out-nt
Submitted by gamecock on Sat, 2008-09-20 11:48.

"One man with courage makes a majority." - Andrew Jackson

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Brian Simpson's picture
Hey Dave
Submitted by Brian Simpson on Thu, 2008-09-18 09:38.

Do you mean Claire McCaskill (D-MO)

I think I can say, and say with pride, that we have legislatures that bring higher prices than any in the world. ~ Mark Twain

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David Hinz's picture
Nice Catch, Brian
Submitted by David Hinz on Thu, 2008-09-18 13:30.

I typed it up in a pre-coffee hurry this morning :-)

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