Tags for This Article:

Military (2974)  Oil (1368)  Iraq (1078)  Trade (461)  Oil Policy (360)  Oil Crisis Global Disruption (163)  Oil Rights (72)  WINDFALL OIL PROFITS TAX (19)  Chevron (14)  Blowback (9) 

Populum Tag Cloud
       Control Panel
Fine tune your search to access content
Articles
Diaries Products
Events All
All time
Last 6 mos
Last month
Last week
Last 24 hrs
From:
Month  Day   Year

To:
Month  Day   Year
Alphabet
Popularity
Count ON
Count OFF
This Level
Sub-levels

 

 

 

Tag(s): ; ; ; ; ; ; ; ; ;
Add to My Group
June 19, 2008 at 14:00:38

Blood in Your Tank: Petrofraud War

by Michael Fox     Page 1 of 1 page(s)

www.opednews.com

 
Tell A Friend

View Ratings | Rate It  

It’s not as if we didn’t all know that our government had gone to war for oil. It’s not as if we don’t know that they were committing unspeakable horrors in pursuit of that oil. It’s not as if we didn’t continue consuming that oil since we got a heads-up in 1973 that it was a party that couldn’t last. It’s not even as if those of us paying attention weren’t aware that Iraq has gone through a half dozen “sovereign governments” since we invaded, and that they would continue to go through governments - both through being deposed or disposed of – until they signed oil-sharing agreements to benefit western Oil giants (and keep the trade of their oil in petrodollars).

NO. We knew, and the congress knew, and the military knew. More generals and admirals have quit under this president than any other, and why? Because they couldn’t speak out or defy orders while in the service. But now, with the release of General Taguba’s report on the systemic, from the top-down human rights abuses going on against detainees around the globe, there is a record. And with the New York Times reportof the new “oilfield service agreements” for the four oil companies ExxonMobil, Chevron, Total and BP, all granted in no-bid fashion, it is clear to anyone watching that the end-game had to be resolved before the door hits the oilmen on the way out of Washington.

So what was it all for? Two-year contracts to “share” their oil? OK. To the victor go the spoils, even if it means that we sacrificed not only hundreds of thousands of lives, lives lost, lives ruined; both Iraqi and American, British, as well as the coerced “coalition.” And then what? Do we stay there forever as McCain would like to see, with 58 bases to guard the ill-gotten gains of those four companies? Shouldn’t those companies be required to pay some of the cost back? After all, this ends up being the Mother of all R&D expeditions, n’est pas?Which reminds me, after all the brouhaha over France’s non-participation: Total, S.A.? What did Sarkozy do for that?

But the bigger missing pieces to the no-bid puzzle are yet to be seen, and they come under the heading of BLOWBACK. Because Russia and China were cut out of opportunities to bid (and, truth be told, could have under-bid), they are not going to take kindly to these deals, and they have the leverage to avenge the slight. It won’t be violent, however, it will be economic.

But can the American people who have had this wretched petrofraud war committed in our names, at least demand that the companies for whose benefit it was clearly fought be made to pony up the expense? At least with a windfall profits tax?

Just think about it, because every bit of this is wrong on every level – and must be discussed openly and completely, until everything comes out. Meanwhile we can rename the three octane grades A-, B-, and O- (There are no positives)

 

Michael Fox is a writer and economist based in Los Angeles. He has been a corporate controller, professor, and small business entrepreneur. After a life-altering accident, he spent five years learning more about medicine and the healthcare industry than he ever intended. In addition to writing about economics and related geopolitical issues, he is passionate about the performing arts and writes theatre, film, and opera criticism.

Contact Author
Contact Editor
View Other Articles by Author

 

Bookmark this page: (what's this?)

NETSCAPE      DIGG THIS      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Tag!RawSugar      Blink List     (More...)
Comments: Expand   Shrink   Hide  
2 comments


Wolfie

SORRY THAT YOU MISSED THE POINT

The oil companies own the governments and that is how our government

and others have rewarded their masters.

Good dog.

Woof! 

 

by Wolfie (8 articles, 0 quicklinks, 29 diaries, 1184 comments) on Friday, June 20, 2008 at 12:08:13 AM
 

 

2 comments

 

Tell A Friend

 


Copyright © OpEdNews, 2002-2008

Blog Ads

 

 

 

 

Most Popular Articles
in the Last 2 Days
(by Recommend Emails)

Obama Must Appoint a Consumer Protectionist as FDA Commissioner by Stephen Fox

Naomi Wolf Must Watch Video: A Coup Took Place on October 1, 2008 by youtube

CBS's Spoiled Poodle Dean Reynolds Bites Obama-- Reports his Plane Smells by Rob Kall

What I Learned At The Sarah Palin Rally Before They Threw Me Out! by Linda Milazzo

How low can Palin go? by Deb Della Piana

Return of the Jedi by Ferdinand

This is Your Nation on White Privilege Posted by Siv O'Neall

The dangerous McCain/Palin character assassination of Obama by Sherman Yellen

Onward, Christian Soldiers (Redux) by Shirley Bianchi

Palin Guilty - Troopergate Witnesses & McCain Campaign Obstructed Justice by Steven Leser

Go To Top 50 Most Popular