Kucinich is calling for a Congressional investigation to determine: (a) the role the Administration may have played in the Hunt-Kurdistan deal, (b) the effect the deal could have on the oil revenue sharing plan, and (c) the attempt by the Administration to privatize Iraqi oil. 

"The Administration has misled Congress and the media into thinking that pending Iraqi oil legislation before Iraq's Parliament was about the fair distribution of oil revenues," Kucinich said.  "But the Hunt Oil deal with Kurdistan should expose the real intent of that legislation, and that is, promoting a privatization scheme."

So long as the U.S. occupies Iraq, there can be nothing more damaging to the United States' world reputation than the awarding of oil agreements to Bush Administration cronies. 

The Hunt Oil deal with Kurdistan suggests the war has made foreign access to Iraqi oil a reality.  The connections between Hunt Oil Company and the Bush Administration are numerous:

Mr. Ray Hunt, CEO of Hunt Oil, acted as the finance chairman of the Republican National Committee for President George W. Bush in 2002, led the Republican National Committee's Victory Fund for President George W. Bush and personally donated $20,000 to the Committee. 

Significantly, Mr. Hunt contributed $100,000 toward inaugural festivities for President George W. Bush in 2001, while Hunt Consolidated contributed $250,000 toward the 2005 Bush presidential inaugural gala.  Mr. Hunt has also given generously toward construction of the Bush library by securing $35 million in additional property for the endeavor.  President George W. Bush has twice appointed Mr. Hunt to a seat on the President's Foreign Intelligence Advisory Board (PFIAB), which is said to have access to intelligence that experts admit is advantageous to the international energy interests of the Hunt Oil Company. 

"The contract between Hunt Oil and Kurdistan would be the first of its kind in the Middle East where oil has been nationalized for decades and foreign oil companies have had no presence.  The lack of consensus on how to manage the Iraqi oil resources suggests that the Hunt Oil Company deal could lead to greater instability within Iraq," Kucinich said. 

In response, Kucinich sent a letter to Secretary of State Condoleezza Rice urging an immediate investigation into Hunt Oil Company's recent production sharing agreement for petroleum exploration with Kurdistan.  Kucinich also sent a letter to Oversight and Government Reform Committee Chairman Henry Waxman (D-CA), requesting a full committee hearing to explore Hunt Oil's ties to the Bush Administration and Halliburton. 

Kucinich intends to introduce a bill that will prevent U.S. companies from gaining financial interests in Iraq's oil resources. 

Confirmation from Alternet.org:

Dennis Kucinich has consistently spoken out against the hydrocarbon law and the U.S.  hydrocarbon law benchmark.  Passage of the 'hydrocarbon law' by the Iraqi Parliament is one of several of the Administration's 'benchmarks' for the Iraqi government. 

"This Administration misled Congress by emphasizing only a small part of this law, the 'fair' distribution of oil revenues.  Consider the fact that the Iraqi 'hydrocarbon law' contains a mere three sentences that generally discuss the 'fair' distribution of oil.  Except for three scant lines, the entire 33-page 'hydrocarbon law' is about creating a complex legal structure to facilitate the privatization of Iraqi oil," Kucinich said in a speech on the floor of the House of Representatives on May 10, 2007. 

"The war in Iraq is a stain on American history.  Let us not further besmirch our nation by participating in an outrageous exploitation of a nation, which is in shambles due to the U.S. intervention," Kucinich said in an hour-long speech on the floor of the House of Representatives on May 23, 2007.    http://www.alternet.org/waroniraq/63036/

From Commondreams.org:

The US-formulated oil-law proposal, which the US is secretly trying to shove down the throats of Iraq's parliament, demands that Iraq grant 87.5% of its to-be-extracted oil to the American oil companies that will be drilling and extracting it.  Iraq is supposed to grant this huge give-away in return for a measly 12.5% royalty payment by the oil companies.  Not surprisingly, Iraq's oil workers are marching in protest and their parliamentarians are balking, at this proposed rip-off. 

 1  |  2  |  3  |  4  |  5  |  6  |  7