And the Iraq Oil Contracts go to...

[Gan]

And Iraq's big oil contracts go to ...

Companies from China, India and other Asian nations are seen getting the first contracts. But don't write off Big Oil just yet.

By Steve Hargreaves (http://money.cnn.com/2007/04/05/news/international/iraq_oil/mailto:steve.hargreaves@turner.com), CNNMoney.com staff writer
April 5 2007: 1:42 PM EDT
NEW YORK (CNNMoney.com) -- Despite claims by some critics that the Bush administration invaded Iraq to take control of its oil, the first contracts with major oil firms from Iraq's new government are likely to go not to U.S. companies, but rather to companies from China, India, Vietnam, and Indonesia.

While Iraqi lawmakers struggle to pass an agreement on exactly who will award the contracts and how the revenue will be shared, experts say a draft version that passed the cabinet earlier this year will likely uphold agreements previously signed by those countries under Saddam Hussein's government.

"The Chinese could announce something within the next few months" if all goes well with the oil law, said James Placke, a senior associate at Cambridge Energy Research Associates who specializes in the Middle East.

The Asian firms are at an advantage for several reasons.

First, less constrained by Western sanctions during the Hussein regime, they've been operating in Iraq and know the country's oilfields, said Falah Aljibury, an energy analyst who has advised several Iraqi oil ministers as well as other OPEC nations.

Aljibury said the first contracts likely awarded will be to the Chinese in the south central part of Iraq, the Vietnamese in the south, the Indians along the Kuwaiti border, and the Indonesians in the western desert.

http://money.cnn.com/2007/04/05/news/international/iraq_oil/index.htm

__________________________________________________ ______

Whoa, wait a minute! I THOUGHT WE WERE IN IRAQ FOR THE OIL!!! WTF! BUSH LIED AND PEOPLE DIED!!! (oh wait a minute, that was only the liberal anti-war propeganda that said that...)


DOH! WHERE'S MY HAT!!!

[sst]

Wait! I thought all of the VP's friends were going to get them!?!! WTF where is Haliburton!?

[Daniel]

While I never thought the issue was over oil, I have to say that things like this probably wouldn't have happened if things had gone alot better.

Either way. Good job.

[Drew]

No blood for oil!

[Tsa`ah]

Wait! I thought all of the VP's friends were going to get them!?!! WTF where is Haliburton!?

The dots aren't on the board yet.

[xtc]

You failed to publish the whole article. Thank you for the link however. Here are a few quotes from the article.

"The contracts under consideration are small."

"Giving out a few crumbs to the Chinese and Indians is one thing," said Kretzmann, who noted the draft law was seen by both the Bush administration and the International Monetary Fund before it was given to Iraq's parliament. "But the real prize are the contracts that award long-term rights. I think the [Western oil companies] are biding their time."

[Gan]

It was an excerpt. There was no failure to it. Thats why the link was provided, in addition to cite the source of the article.

Biding their time does not mean they have it in the bag. Unless you're living in your conspiracy world again.

[xtc]

It was an excerpt. There was no failure to it. Thats why the link was provided, in addition to cite the source of the article.

Biding their time does not mean they have it in the bag. Unless you're living in your conspiracy world again.

These contracts were small not big as you detailed in your original post. You also said not to count out big oil yet. This leads me to believe that you believe that big oil is biding their time as well. I would be very surprised if big oil don't end up with most of this oil and if most of this oil doesn't end up in America.

Outside of oil many of us stated political reasons and fiat dollars as reasons for this war. Ironically enough the other nation who is threatening to drop the US dollar for buying oil is Iran.


And Iraq's big oil contracts go to ...

Companies from China, India and other Asian nations are seen getting the first contracts. But don't write off Big Oil just yet.

The other interesting part of the article was where it says that "the draft law was seen by both the Bush administration and the International Monetary Fund before it was given to Iraq's parliament".

I guess this gives us an idea who is really in charge of the oil in Iraq.

[Gan]

You seem to have a difficult time differentiating from what I say and what the article I post says.

I encourage you go to back and try and figure it out.

[xtc]

You seem to have a difficult time differentiating from what I say and what the article I post says.

I encourage you go to back and try and figure it out.

My apologies. I assume this below is you and not the article?


"Whoa, wait a minute! I THOUGHT WE WERE IN IRAQ FOR THE OIL!!! WTF! BUSH LIED AND PEOPLE DIED!!! (oh wait a minute, that was only the liberal anti-war propeganda that said that...)"

[Gan]

You are correct. I reserve my opinions for below the seperation line in the articles I post, in every thread.

The 2nd quote in your #8 post is the article, not me as you were thinking.




It was an excerpt. There was no failure to it. Thats why the link was provided, in addition to cite the source of the article.

Biding their time does not mean they have it in the bag. Unless you're living in your conspiracy world again.
These contracts were small not big as you detailed in your original post. You also said not to count out big oil yet. This leads me to believe that you believe that big oil is biding their time as well. I would be very surprised if big oil don't end up with most of this oil and if most of this oil doesn't end up in America.

Outside of oil many of us stated political reasons and fiat dollars as reasons for this war. Ironically enough the other nation who is threatening to drop the US dollar for buying oil is Iran.


And Iraq's big oil contracts go to ...

Companies from China, India and other Asian nations are seen getting the first contracts. But don't write off Big Oil just yet.
The other interesting part of the article was where it says that "the draft law was seen by both the Bush administration and the International Monetary Fund before it was given to Iraq's parliament".

I guess this gives us an idea who is really in charge of the oil in Iraq.

[Dropped_In]

There's a more profitable industry in Iraq now.

[Back]

Halliburton is relocating to Dubai.

[Gan]

Halliburton is also rumored to be dropping all of its government contracts in Iraq as soon as they expire.

[Dropped_In]

Heh. If they didn't drop the U.S. based contracts it would defeat the purpose of their move to Dubai, ie operation with little regulation. Very few companies hop countries just because it would be slightly more convenient location-wise.

[Parkbandit]

Heh. If they didn't drop the U.S. based contracts it would defeat the purpose of their move to Dubai, ie operation with little regulation. Very few companies hop countries just because it would be slightly more convenient location-wise.

By very few.. you mean most.

[Kembal]

Sure, companies move their production plants and such. But who the hell moves their corporate headquarters because of operational reasons?

Almost every single move of corporate headquarters I've seen has been due to regulation/tax issues. Not that such moves happen that often anyway.

[Artha]

I think it's pretty unlikely that a company with Halliburton's resources would move to a different country because of the location.

[Apathy]

Big oil will win when it counts. Might not be this year, or next, or the year after. If you don't think so you may be in need of a reality check.

[Back]

CONSPIRACY TIME!

Halliburton is getting closer to the black gold and fucking America out of tax revenue so the board of directors and share holders can grab all the loot they can while they can.

[Parkbandit]

I don't find it surprising, considering the negative PR the company has received from the liberal media. Haliburton has become synonymous for the war in Iraq. If I was the head of the company, that's exactly what I would do.. pick up and move to the area of the world I do most of my business.. while saving money in taxes and labor.

[Back]

I don't find it surprising, considering the negative PR the company has received from the liberal media. Haliburton has become synonymous for the war in Iraq. If I was the head of the company, that's exactly what I would do.. pick up and move to the area of the world I do most of my business.. while saving money in taxes and labor.

Don’t the the door hit your ass on the way out.

[Parkbandit]

CONSPIRACY TIME!

Halliburton is getting closer to the black gold and fucking America out of tax revenue so the board of directors and share holders can grab all the loot they can while they can.

God, you suck at conspiracies.

Here, let me edit it:


Halliburton is getting closer to the black gold and fucking America out of tax revenue so the board of directors, Dick Chaney, George W. Bush and share holders can grab all the loot they can while they can. They are also working on increasing their emissions to increase global warming and have begun manufacturing urban assault rifles to sell to American children.

[Dropped_In]

Halliburton has every reason to maintain political (and subsequently financial) ties to the U.S., so as to maintain their status as a vested interest worth protecting. I doubt they have tax evasion on their minds. I do think it is fairly ironic that there was such an outcry about the proposed management sale of six U.S. ports to Dubai Ports World, and yet when Halliburton announced they are more or less emigrating to the UAE there was barely a stir. But I suppose that's neither here nor there.

[Back]

Halliburton has every reason to maintain political (and subsequently financial) ties to the U.S., so as to maintain their status as a vested interest worth protecting. I doubt they have tax evasion on their minds. I do think it is fairly ironic that there was such an outcry about the proposed management sale of six U.S. ports to Dubai Ports World, and yet when Halliburton announced they are more or less emigrating to the UAE there was barely a stir. But I suppose that's neither here nor there.

Too many shareholders in Congress?

[Dropped_In]

Halliburton's bad rep isn't specifically media related. The company was fined for labor-gouging in the Balkans and KBR, their daughter company, was heavily investigated by congress following the Gulf War for receiving a no-bid contract to rebuild the country's oil infrastructure.

[Warriorbird]

"Halliburton"'s issues go back to LBJ.

To their credit though, I think they're moving to Dubai for the NO TAXES.

[Stanley Burrell]

WTF where is Haliburton!?

Driving the oil convos for a stipend that makes your military pension draw moths, unfortunately.

[Stanley Burrell]

Halliburton has every reason to maintain political (and subsequently financial) ties to the U.S., so as to maintain their status as a vested interest worth protecting. I doubt they have tax evasion on their minds. I do think it is fairly ironic that there was such an outcry about the proposed management sale of six U.S. ports to Dubai Ports World, and yet when Halliburton announced they are more or less emigrating to the UAE there was barely a stir. But I suppose that's neither here nor there.

I think Halliburton did a bit more for Halliburton than river dock management did for some hypothetical wealthy Bengali mafia syndicate. Lemme look at the ways that the Iraqi people will be able to help themselves with an oil deed owned by someone who's going to WTO-style exploit a wartorn people with a derrick being shoved up their asses whose oil sphincters they don't even own.

Iraq is being rebuilt, alright.

I think it would be truly awesome if someone on the Arabian peninsula decided to gather fanfare against our tyranny by globalizing the oil industry.

[Gan]

MY GOD the Halliburton conspiracies abound in this thread.

If you can substantiate your claims, please do so with cites, otherwise disclaim them with a note that its a rumor or hearsay.

And please be advised that Halliburton will still own and maintain personnel at its corperate HQ here in Houston - thus its not moving out of USA lock, stock, and two smoking barrels. ;)



All Things Considered (http://www.npr.org/templates/rundowns/rundown.php?prgId=2), March 12, 2007 · Halliburton has announced that it will open a headquarters in Dubai and that the company's CEO and Chairman, David Lesar, will work from that office in the future. At the same time, the company says it will keep its legal incorporation in the U.S. and still be subject to U.S. law, regulation and taxation.

http://www.npr.org/templates/story/story.php?storyId=7859069

[sst]

Wow, you are all so fucking dumb. Our good friends at Haliburton do not sell oil, and never have.

[Stanley Burrell]

Wow, you are all so fucking dumb. Our good friends at Haliburton do not sell oil, and never have.

Horse fucking shit. Halliburton do not sell oil? Halliburton do not sell oil?

I hope Cheney burns in hell for shitting upon the Army Engineers program that my great grandfather was a part of when service in the United States had a billion times less to do with politics than it did Teleos. I have an heirloom that is the pride of my American spirit whose values of just eight years ago, let alone how we were perceived by our actions in The Great War/II mean infinitely more for the world than any merit badge could keep you shielded from in today's imperial economy, Dave. You are being spoonfed bullshit straight from the cow's asshole. Our stars and stripes have been bastardized into Swastikas by these fuckers who continue to try making it that they won't go down in history as the most disastrous White House candidates ever by trying to make it that they won't go down in history as the most disastrous White House candidates ever.

You have the internet it seems. Look up provincial rebuilding oil careers for Halliburton jobs in Iraq. Then, look up Dick Cheney's spending YOUR troop money for Halliburton silver platters of your food, and then some, so its (Cheney's invested Halliburton) transport truckers wouldn't have empty tummies when transporting rig materials.

Lastly, Halliburton do not sell oil? I've endured the shit of hearing how our troops are the best edumacated from everyone serving or closely involved to the field. We're winning the war on terror. We're winning the war on terror. We're winning the war on terror.

Supposed education that you think you've been God-blessed with so as to equip you, as a grunt, to defeat your enemy not only through might, but intellectual superiority as well is really, really depressing. Don't you ever not think for yourself, Dave. You're an American soldier and that is what your freedom is as one.

I swear to fucking God this is why we're headed to hell in a handbasket. Virginia Tech had one eighth of the bombing fatalities the Iraqi people withstood yesterday. That's been a bit of a more frequent occurance than Columbine since our STILL not declared state of war.

Don't let these fuckers throw this nomenclature in your face. *Please.*

[Gan]

Horse fucking shit. Halliburton do not sell oil? Halliburton do not sell oil?

I hope Cheney burns in hell for shitting upon the Army Engineers program that my great grandfather was a part of when service in the United States had a billion times less to do with politics than it did Teleos. I have an heirloom that is the pride of my American spirit whose values of just eight years ago, let alone how we were perceived by our actions in The Great War/II mean infinitely more for the world than any merit badge could keep you shielded from in today's imperial economy, Dave. You are being spoonfed bullshit straight from the cow's asshole. Our stars and stripes have been bastardized into Swastikas by these fuckers who continue to try making it that they won't go down in history as the most disastrous White House candidates ever by trying to make it that they won't go down in history as the most disastrous White House candidates ever.

You have the internet it seems. Look up provincial rebuilding oil careers for Halliburton jobs in Iraq. Then, look up Dick Cheney's spending YOUR troop money for Halliburton silver platters of your food, and then some, so its (Cheney's invested Halliburton) transport truckers wouldn't have empty tummies when transporting rig materials.

Lastly, Halliburton do not sell oil? I've endured the shit of hearing how our troops are the best edumacated from everyone serving or closely involved to the field. We're winning the war on terror. We're winning the war on terror. We're winning the war on terror.

Supposed education that you think you've been God-blessed with so as to equip you, as a grunt, to defeat your enemy not only through might, but intellectual superiority as well is really, really depressing. Don't you ever not think for yourself, Dave. You're an American soldier and that is what your freedom is as one.

I swear to fucking God this is why we're headed to hell in a handbasket. Virginia Tech had one eighth of the bombing fatalities the Iraqi people withstood yesterday. That's been a bit of a more frequent occurance than Columbine since our STILL not declared state of war.

Don't let these fuckers throw this nomenclature in your face. *Please.*

Nowhere in this rant do you confirm the question that Halliburton sells oil. Nowhere. :(

Other than that, it was a pretty impressive bit of textual hot air. :)

[Stanley Burrell]

Nowhere in this rant do you confirm the question that Halliburton sells oil. Nowhere. :(

Other than that, it was a pretty impressive bit of textual hot air. :)

That wasn't the point of my winded rant. Pay especially close attention to the tidbits about convoys.

If you want, I'll send you the e-mails of the professors in one of the top Liberal Science colleges where I received my education of Halliburton amidst other things from actual human beings and deans of humanities.

Don't cite secondary sources.

[Atlanteax]

That wasn't the point of my winded rant. Pay especially close attention to the tidbits about convoys.

If you want, I'll send you the e-mails of the professors in one of the top Liberal Science colleges where I received my education of Halliburton amidst other things from actual human beings and deans of humanities.

Don't cite secondary sources.

Was this one of those online schools that merely offers a paper degree with no actual concrete education?

Would explain your inability to consistently write understandable english as well as your rather disputable factual basis.

[Stanley Burrell]

Stuff.

For further clarification, I'm extremely bio oriented. That's why I could never quote heresay as documented fact unless I'm doing a grant project and have to use bibliography format for the ASM, i.e.

I can not, Gan, place myself in a position where I'm going to use a search engine or any website with a fraction of marketing value, in general, to support, off the top of my head, Powell's demonstration of WMD facilities in the U.N. summits pre-Iraqi occupation.

I would be willing to bust out primary articles for the sheer purpose of supporting a biological argument about an article I've wrote about in vitro uterine bleeding and vasculogenesis and tie it into the abortion thread, but I probably wouldn't anyway.

All I can say when it comes to the non-declared war in Iraq is that bodies and suffering are the loudest speaking primary articles, for me, personally. I do get agitated when intellect and morals, as I perceive it, are questioned into being by an online community who takes comfort in citing .orgs and .coms, no offense to anyone. It's a matter of personal preference on my part, I suppose.

Anyway, I digress as this is kind of off-topic, which is a problem in and of itself, but for the interim, although it makes me feel like I just quenched my thirst with a cool glass of black gold: http://www.halliburton.com/careers/ at which point, I say, let your mind explore, if you have to.

But yeah, I certainly have no issue and, probably, enjoy being colored as having "lost" an argument on vBulletin for the above mentality and a couple'a other thoughts about referencing. It's not the religious argument either since thattun doesn't have first person interpretations either, in my humblest of opinions.

Man I got fucking sidetracked :-\

[Stanley Burrell]

Was this one of those online schools that merely offers a paper degree with no actual concrete education?

Would explain your inability to consistently write understandable english as well as your rather disputable factual basis.

Ew. Hell no.

Secondly, it's "English" ;)

[Back]

I don’t think anyone has accused Halliburton of selling oil, but if you want proof of its ties to the oil industry just go to their home page.

[Gan]

That wasn't the point of my winded rant. Pay especially close attention to the tidbits about convoys.

That was precisely the point of SST (Dave's) post though (which you quoted I might add).

Thus the relevance of your comments were directly associated with Dave's comments and or question.

If you're going to rant, then do so. Just dont quote someone else and give the impression that you're continuing a specific line of discussion. Its hard enough reading and understanding your posts as it is without being led on a wild goose chase.

[Stanley Burrell]

That was precisely the point of SST (Dave's) post though (which you quoted I might add).

Thus the relevance of your comments were directly associated with Dave's comments and or question.

If you're going to rant, then do so. Just dont quote someone else and give the impression that you're continuing a specific line of discussion. Its hard enough reading and understanding your posts as it is without being led on a wild goose chase.

Oh, I know.

I quoted it because it's the spoonfed bullshit mentality I later elaborated on.

Military intelligence. Ho hum.

[Stanley Burrell]

Lemme digress in saying that it's very difficult for a human being to have enough strength from within to disagree with their primary field of work.

[Stanley Burrell]

Finally, I swear this is it, I hope:

Let Iraq rebuild Iraq and not foreign investment.

Okay done.

[Latrinsorm]

Especially not foreign Nazi investment, right?

[TheEschaton]

And Latrin does it again.

[Stanley Burrell]

Especially not foreign Nazi investment, right?

That was to be read as job outsourcing being laid out by foreign investment as a result of Halliburton sales, more along the lines of:


Lemme look at the ways that the Iraqi people will be able to help themselves with an oil deed owned by someone who's going to WTO-style exploit a wartorn people with a derrick being shoved up their asses whose oil sphincters they don't even own.

First paragraph with what you one-lined was flowery metaphors like Gan described: He's a good flowery metaphor interpreter, despite his humbleness =-P

This is non-rantee, so I believe, regarding Players' Corner guidelines, that I am allowed to further emit text. And let the flowery metaphor angiosperm sporophytes fly into my wind of hot air. Probably flatulent.

Man, I feel manic. Okay, seriously done this time... Maybe.

[Latrinsorm]

And Latrin does it again.
Our stars and stripes have been bastardized into Swastikas:nono:

[Stanley Burrell]

I was going to conclude that with, "In the eyes of the Arab world."

A lot of social perception waaay more "fanatical" than my liberal whatever-ism is evident in The States too.

I feel like that was a bit too far though, you're right :blush:

[Dropped_In]

http://www.uaeembassy.jp/fz.htm

It isn't exactly like anything needs to be "proven". Under Dubai finance law, it is necessary for foreign companies to have 40% of their equity invested in the UAE to receive an FTZ (Free Trade Zone) corporate license. In addition, the FTZ agreement applies to dealings with the other five GCC states (Bahrain, Kuwait, Quatar, Oman, Saudi Arabia) as the applicant is considered an officially licensed UAE company.

Under the 2005 Greater Arab Free Trade Area (GAFTA) agreement, the GCC retains open, untaxed trade with Egypt, Iraq, Jordan, Lebanon, Libya, Morocco, Oman, the "State of Palestine", Sudan, Syria, Tunisia, and Yemen. Just a bunch of hippie ass liberal propaganda I tell you.

[Dropped_In]

I'd also like to add that 38% of Halliburton's revenue is from the Middle East. The only roadblocks that remain are either to step up UAE *based* operations or convince their government that investing FROM the UAE is nearly as good as investing IN it. Not to say there will be a next time, but if there were (war-wise), Halliburton would through up their hands and be all, "FINE. We will enter contractual bids against other companies who are elsewhere based and less financially endowed instead of taking our no-bid contracts, or we might bid against Stromberger, who definitely won't be able to undercut our no-tax exemption (note: U.S. taxes still apply)." Sure thing, it could be considered good business on one hand, but what is it on the other?

[Stanley Burrell]

http://www.uaeembassy.jp/fz.htm

It isn't exactly like anything needs to be "proven". Under Dubai finance law, it is necessary for foreign companies to have 40% of their equity invested in the UAE to receive an FTZ (Free Trade Zone) corporate license. In addition, the FTZ agreement applies to dealings with the other five GCC states (Bahrain, Kuwait, Quatar, Oman, Saudi Arabia) as the applicant is considered an officially licensed UAE company.

Under the 2005 Greater Arab Free Trade Area (GAFTA) agreement, the GCC retains open, untaxed trade with Egypt, Iraq, Jordan, Lebanon, Libya, Morocco, Oman, the "State of Palestine", Sudan, Syria, Tunisia, and Yemen. Just a bunch of hippie ass liberal propaganda I tell you.

I can't tell if you're liberal or conservative and it makes the children cry.

[Dropped_In]

I'm not trying to take either approach. This is not the Republican party or the Democrats or the Libertarians or the Green Party. This is a select handful of people using their influence to screw the greater portion of the American population. Sure, they happen to be Republicans, but I don't think that is the point.

[Stanley Burrell]

I'm not trying to take either approach. This is not the Republican party or the Democrats or the Libertarians or the Green Party. This is a select handful of people using their influence to screw the greater portion of the American population. Sure, they happen to be Republicans, but I don't think that is the point.

Ah, ah. Yeah, I'm Torte Reform all the way for the blue collars, just not upper management in particular.

[sst]

They may have ties to the oil industry, but they do not sell oil. They are an engineering firm and provide services. As i have stated here 100 times, they just like every other military contract had to continue to go though the bidding process every year, and they have been under bit on most of their contracts. Its not a big conspiracy its the way shit works with the DOD.

Why even bother reading stan posts, hes prolly back on the pills again, he was always somewhat understandable when he was sober.

[Warriorbird]

Dave...let's think about what exactly a "no bid" contract is. Also the phrase, "conflict of interest."

[Tsa`ah]

Dave...let's think about what exactly a "no bid" contract is. Also the phrase, "conflict of interest."

Sorry ... you used the word "think" in a request to Dave.

[DeV]

You took the words right off of the tips of my fingers.