Quote Originally Posted by psychocat
It is so that America can have a US friendly goverment in a country rich in oil .
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.

Behind high oil and gas prices
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.
Why Asian oil firms are likely to be first at Iraqi's oil - Apr. 5, 2007

This isn't to mention the oil contracts with countries such as Canada, Turkey, and Denmark to name a few.........but hey, it was all about the U.S. stripping them of their oil. LOL

Have a good one!:s4:
Psycho4Bud Reviewed by Psycho4Bud on . Republicans Object To Stark Comments On War (The Politico) House Republicans objected today to comments made by outspoken liberal Democratic Rep. Pete Stark of California on the Iraq war during debate on the override of President Bush's veto of the children's health program. Speaking on the House floor, Stark said, "Under the Republican plan, by 2017, we probably will have killed 20,000 soldiers in Iraq, spending $200 billion." Rep. Joe Barton (R-Texas) rose to protest the remark and asked that Stark's words be taken down, a Rating: 5