420worshipper
Well-Known Member
Hmmm, wasnt the profits made by oil companies last year a new record?Isnt it a fact that US claming 50% of all the oil produced in Iraq? Didnt Halliburton "missplaced " 3.5 billion dollars last year alone , and that is not counting all the projects they were paid for and did not complete? Geopolitics, I think not, more like highway robery.
Its going to be hard for the US companies to claim 50% of oil out of Iraq. Considering there are UN Sanctions still in place that limit all oil leaving the country period. Plus the fact that France, Russia, and China all have contracts for what accumulates to 56% of Iraq's oil. And these contracts go back to 1997-1999. And I don't think US oil companies will want the US government/military trying to take oil from those three countries. How many countries in the United Nations would argue for those three. And since 2 are nuclear powers, a war with them would be futile for the entire world. Like the old saying goes, it only takes 1 100megaton bomb to destroy the world now. So those oil companies can claim all that they like. But I don't think the current Iraq government or the United Nations would allow contracts negotiated back then to be repealled just because of some US oil companies.