"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."
--Joseph Stalin

Friday, September 12, 2008

Iraqi Oil Ministry Awards Oil Contract to China: Thank Chuck Schumer

Will Malven
9/12/2008

Well, Senator Chucky “Microphone Moth” Schumer (D-NY) strikes again.

It seems that Iraq had planned to award 6 no-bid contracts to Western oil companies for rebuilding and improving their oil existing oil production facilities with an aim of increasing production by 200,000 barrels/day.

This didn't sit well with Chucky...we can't have those evil "Big Oil" companies making more money, it might create jobs for Americans and we all know that creating jobs is only a good thing when Democrats do it.

So Chucky, the execrable Senior Senator from New York, assisted by three of the other usual Democrat "Hate America First" suspects, Sens. Carl Levin (D-MI), John Kerry (D-MA) and Claire McCaskill (D-MO), sent a letter to the State Department complaining about the contracts.

Here's part of the text:

"We are concerned that U.S. policy regarding these oil contracts has not been clearly defined, communicated or consistently implemented by the Iraqi government, the Kurdistan Regional Government and international oil companies seeking to do business in Iraq..."

In response, Harold Geisel who is the acting Inspector General of the State Department informed these meddling, anti-American, anti-business senators that he was initiating an investigation. This in spite of the stated policy, as confirmed by Secretary of State Condoleezza Rice that:

"The United States government has stayed absolutely out of the matter of the awarding of Iraqi oil contracts. ”It's a private sector matter."

Once again the Democrat Party strikes a blow against the needs of the American people in their tireless pursuit of an electoral victory.

While not large by normal standards, these contracts would have opened the door for further investment opportunities.

Sounds like a good idea for a Western world strapped by rising oil prices and the plans, by OPEC, to cut production by 500,000 barrels/day.

Thank-you "Microphone Moth" Schumer!

Here's part of the International Herald Tribune report:

Iraq cancels six no-bid oil contracts
By Andrew E. Kramer and Campbell Robertson
Published: September 11, 2008

An Iraqi plan to award six no-bid contracts to Western oil companies, which came under sharp criticism from several United States senators this summer, has been withdrawn, participants in the negotiations said on Wednesday.

Iraq's oil minister, Hussain al-Shahristani, told reporters at an OPEC summit meeting in Vienna on Tuesday that talks with Exxon Mobil, Chevron, Shell, Total, BP and several smaller companies for one-year deals, which were announced in June and subsequently delayed, had dragged on for so long that the companies could not now fulfill the work within that time frame. The companies confirmed on Wednesday that the deals had been canceled.

While not particularly lucrative by industry standards, the contracts were valued for providing a foothold in Iraq at a time when oil companies are being shut out of energy rich countries around the world. The companies will still be eligible to compete in open bidding in Iraq.

The six no-bid deals were for work to increase Iraqi oil production from existing oil fields by half a million barrels a day — the same amount by which OPEC countries agreed Tuesday to reduce output. After its cancellation of the deals, Iraq reduced by 200,000 barrels per day its goal of producing 2.9 million barrels per day by the end of the year.

So, instead of Western Oil companies like Exxon/Mobil, Chevron, Shell, Total, BP, and the previously mentioned "smaller oil companies" gaining access to Iraqi oil, the Chinese have been awarded the first of the anticipated hugely lucrative oil contracts in Iraq.

Of course Senator Chucky and his erstwhile America haters prefer the freedom and liberty, so evident during the Beijing Olympics, in China to our oppressive, capitalistic corporations.

One truly has to conclude that these senators aren't simply misguided do-gooders looking out for the best interests of our nation; rather, they really do hate America. They really do hate capitalism. They really do want gasoline prices to reach outrageous levels so that they can implement, by force, their socialist, “greenist,” agenda.

Well, I have a few choice words for these senators, most of them can be written with four letters, but I cannot use them here.

If you like big government running your life, I definitely suggest you vote Democrat. Barack Obama and Joe Biden will assure your live will be miserable as they institute their socialist agenda.

If however, you prefer freedom, capitalism and the legacies left to us by our Founding Fathers, vote Republican. At least then we will have a chance of maintaining our current system of government.

Long Live Our American Republic!!!!

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