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Re: [casi] Iraq oil ownership?



And re post-conflict Iraq oil, there is also this:
http://www.counterpunch.org/eldar04012003.html
The Pipeline to Haifa


----- Original Message -----
From: "ppg" <ppg@nyc.rr.com>
To: <casi-discuss@lists.casi.org.uk>
Sent: Thursday, April 03, 2003 6:02 AM
Subject: Re: [casi] Iraq oil ownership?


> Meanwhile, the US government is already counting its chickens :
>
> http://www.timesdispatch.com/news/MGBR68G42ED.html
> Viewing a rebuilt Iraq through rose-colored lens
>
> [...] By some reckoning, reconstruction and humanitarian costs could
> approach $100 billion. As U.S. forces move into a siegelike struggle for
> control of Iraq's urban areas, the rebuilding of Iraq could become even
more
> complicated by the day.
>
>
> But the director of the Office of Management and Budget, Mitch Daniels,
says
> U.S. taxpayers fretting about such stupendous costs forget Iraq is still
"a
> relatively wealthy country'' with a gross domestic product 20 times that
of
> Afghanistan.
>
> Because of Iraq's enormous reserves of oil and gas, the second-largest in
> the world, there is an "enormous upside potential'' in reconstruction,
> Daniels says. "I think the prospects for reconstruction and the resources
to
> make it happen are abundant.''  .... . .
>
>
>
>
>
>
> ----- Original Message -----
> From: "ppg" <ppg@nyc.rr.com>
> To: <casi-discuss@lists.casi.org.uk>
> Sent: Thursday, April 03, 2003 5:44 AM
> Subject: [casi] Iraq oil ownership?
>
>
> >
http://www.washingtonpost.com/ac2/wp-dyn/A15368-2003Apr2?language=printer
> > U.S., Allies Clash Over Plan to Use Iraqi Oil Profits for Rebuilding
> >
> >
> > [......]  U.N. and British officials said the United States lacks the
> legal
> > authority to begin exporting oil even on an interim basis without a new
> > Security Council mandate. Iraq's oil sales before the war were
controlled
> by
> > the United Nations under its oil-for-food program.
> >
> > "We're moving into a legal realm that is not clear," said Jan Randolph,
> head
> > of economic forecasting at the World Markets Research Center in London.
> "The
> > impression we're getting is that because the Americans are largely
bearing
> > the [war] costs, they will want to determine what happens next."
> >
> > David L. Goldwyn, president of Goldwyn International Strategies, said:
"I
> > don't believe that the U.S. has the legal power under international law
to
> > seize and sell Iraq's oil absent a new Security Council resolution."
> > Goldwyn, who was assistant secretary of energy in the Clinton
> > administration, added: "It is extremely doubtful any reputable oil
company
> > will purchase oil without clear title." But some industry officials said
> oil
> > companies might be willing to buy Iraq oil if purchases were guaranteed
by
> > the United States. [......]
> >
> >
> >
> >
> > _______________________________________________
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> > To contact the list manager, email casi-discuss-admin@lists.casi.org.uk
> > All postings are archived on CASI's website: http://www.casi.org.uk
>


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