Skip to main content
Yahoo! News - Iraq Claims Full Control of Oil Sector

BAGHDAD, Iraq - Iraqi officials declared Tuesday that the interim government has assumed full control of the country’s oil industry ahead of the June 30 handover of sovereignty from the U.S.-led occupation administration.

“Today the most important natural resource has been returned to Iraqis to serve all Iraqis,” Prime Minister Iyad Allawi said. “I’m pleased to announce that full sovereignty and full control on oil industry has been handed over to the oil ministry today and to the new Iraqi government as of today.”

The announcement came as Allawi and Oil Minister Thamir Ghadbhan toured the al-Doura oil refinery in southern Baghdad.

After meeting and shaking hands with the refinery workers, the two ministers thanked oil sector workers.

“We are totally now in control, there are no more advisers,” Ghadbhan said. “We are running the show, the oil policies will be implemented 100 percent by Iraqis.”

Remember the incessant droning of "no blood for oil!"? Well once again the simpletons are shown to be wrong. Of course, the idea that the US invaded Iraq and planned to cart off millions of barrels of oil was always ridiculous. You could make reasonable arguments against the war in Iraq, but saying that it was prosecuted to accumulate mineral wealth is not one of them. Does a free Iraq trading its oil on the world market improve the market for oil. Of course. It also hurts the UN, France and Germany who were in cahoots with Saddam to steal Iraq's oil wealth as well. However, the war has cost a great deal of money, and it will take a good amount of time until Iraq starts really producing oil again. Right now we are subsidizing oil to Iraq, buying it in neighboring countries and making it available for 10 cents a gallon to kickstart their economy. There's no way we make money on this deal, period.

Comments

Post a Comment

Popular posts from this blog

Insulin Resistance- cause of ADD, diabetes, narcolepsy, etc etc

Insulin Resistance Insulin Resistance Have you been diagnosed with clinical depression? Heart disease? Type II, or adult, diabetes? Narcolepsy? Are you, or do you think you might be, an alcoholic? Do you gain weight around your middle in spite of faithfully dieting? Are you unable to lose weight? Does your child have ADHD? If you have any one of these symptoms, I wrote this article for you. Believe it or not, the same thing can cause all of the above symptoms. I am not a medical professional. I am not a nutritionist. The conclusions I have drawn from my own experience and observations are not rocket science. A diagnosis of clinical depression is as ordinary as the common cold today. Prescriptions for Prozac, Zoloft, Wellbutrin, etc., are written every day. Genuine clinical depression is a very serious condition caused by serotonin levels in the brain. I am not certain, however, that every diagnosis of depression is the real thing. My guess is that about 10 percent of the people taking ...
5 comments
Read more

Could Narcolepsy be caused by gluten? :: Kitchen Table Hypothesis

Kitchen Table Hypothesis from www.zombieinstitute.net - Heidi's new site It's commonly known that a severe allergy to peanuts can cause death within minutes. What if there were an allergy that were delayed for hours and caused people to fall asleep instead? That is what I believe is happening in people with Narcolepsy. Celiac disease is an allergy to gliadin, a specific gluten protein found in grains such as wheat, barley and rye. In celiac disease the IgA antigliadin antibody is produced after ingestion of gluten. It attacks the gluten, but also mistakenly binds to and creates an immune reaction in the cells of the small intestine causing severe damage. There is another form of gluten intolerance, Dermatitis Herpetiformis, in which the IgA antigliadin bind to proteins in the skin, causing blisters, itching and pain. This can occur without any signs of intestinal damage. Non-celiac gluten sensitivity is a similar autoimmune reaction to gliadin, however it usually involves the...
19 comments
Read more

Blue-blocking Glasses To Improve Sleep And ADHD Symptoms Developed

Blue-blocking Glasses To Improve Sleep And ADHD Symptoms Developed Scientists at John Carroll University, working in its Lighting Innovations Institute, have developed an affordable accessory that appears to reduce the symptoms of ADHD. Their discovery also has also been shown to improve sleep patterns among people who have difficulty falling asleep. The John Carroll researchers have created glasses designed to block blue light, therefore altering a person's circadian rhythm, which leads to improvement in ADHD symptoms and sleep disorders. […] How the Glasses Work The individual puts on the glasses a couple of hours ahead of bedtime, advancing the circadian rhythm. The special glasses block the blue rays that cause a delay in the start of the flow of melatonin, the sleep hormone. Normally, melatonin flow doesn't begin until after the individual goes into darkness. Studies indicate that promoting the earlier release of melatonin results in a marked decline of ADHD symptoms. Bett...
Post a Comment
Read more