Iraq was invaded due to Big Oil. Before 2003, Iraq closed off their industry to Western Oil companies. After the War, it is now Privatized and transferred to a handful of private companies who dominate. First, it is claimed that there was a sell off of all Iraq Oil Fields by the US. In addition, the Vice President and President worked for Oil companies prior to their campaign. These companies include Halliburton which spent record high money on campaign contributions.
Iraq is the world's fifth-largest oil reserve at 141 billion barrels. This production is expected to increase.
-Hungry Turtle
No comments:
Post a Comment