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Old 08-30-2008, 11:33 AM
 
31,672 posts, read 40,909,753 times
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McCain was right about the surge and the proof is in the rapidly growing independence of the Iraqi Government.
Iraq signs $3B oil deal with China - CNN.com

The contract with the China National Petroleum Corporation could be worth up to $3 billion. It would allow the CNPC to develop an oil field in southern Iraq's Wasit province for about 20 years, said Oil Ministry spokesman Assim Jihad.
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Old 08-30-2008, 11:34 AM
 
Location: Flyover Country
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Iraq (for now, anyway) likely wont sign a 'deal' with anyone unless we sign off on it
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Old 08-30-2008, 11:36 AM
 
Location: Reality
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$3B is pennies. We spend $10B on iraq PER MONTH.
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Old 08-30-2008, 11:36 AM
 
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Originally Posted by odanny View Post
Iraq (for now, anyway) likely wont sign a 'deal' with anyone unless we sign off on it

How is the US going to stop them from signing?
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Old 08-30-2008, 11:40 AM
 
Location: southern california
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does not matter hard right is happy. once again DOD is rich and powerful.
those who benefit from bad things don't complain do they.
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Old 08-30-2008, 12:00 PM
 
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Originally Posted by odanny View Post
Iraq (for now, anyway) likely wont sign a 'deal' with anyone unless we sign off on it
You are kidding aren't you? Read the article they have already signed and it awaits their cabinet approval and is a done deal. They are not our 51st state.
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Old 08-30-2008, 12:01 PM
 
31,672 posts, read 40,909,753 times
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Originally Posted by Hero View Post
$3B is pennies. We spend $10B on iraq PER MONTH.
Ok we spend 10 billion and get back? China spends 3 billion and gets oil rights? Something isn't wrong with this picture to you? China gets for their money and we get more debt?
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Old 08-30-2008, 12:07 PM
 
3,255 posts, read 5,064,107 times
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Originally Posted by odanny View Post
Iraq (for now, anyway) likely wont sign a 'deal' with anyone unless we sign off on it
They are selling oil to the Syrians for less than they are offering it to us. We do not control their oil. This failed nation building exercise did not reap us many benefits.
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Old 08-30-2008, 12:10 PM
 
Location: Charlotte
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Default Absolutely amazing

"It was the first time in more than 35 years that Iraq has allowed foreign oil companies to do business inside its borders."


"Iraq's Cabinet must still approve the contract, but Jihad said that would happen soon, and work could start within a few months.
The Chinese company will provide technical advisers, oil workers and equipment to develop the al-Ahdab oil field, providing fuel for the al-Zubaidiya power plant in Wasit, southeast of Baghdad, bordering Iran, Jihad said."


Now we owe Billions in debt to a Nation who just got a 20 year oil lease in a Nation we "liberated". Absolutely Amazing.
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Old 08-30-2008, 12:11 PM
 
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I have a dear friend who flew for Saudi Air for years and he loved many of the folks to pieces, but he always said, that Westerners are considered inferior to the Saudis and we will not really get much but grudging respect for doing the work they would not like to do. Having been a career AF officer, he found it difficult at times to accept his "Mexican Houseboy" status in Saudi. (His words) Since the culture is similar, I assume the Iraqis will feel the same way once we have cleaned up after ourselves.
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