Footwedge wrote:
LJ wrote:
Footwedge wrote:
Any oilfield work will be contracted out by non-american companies who won the bids on drilling in Iraq. I believe BP has won that bid, so at least the money will be considered an "export of services". Also, it says nothing about military bases, they are basecamps for oil workers.
Even though Halliburton has done some shady dealings in trying to "headquarter" themseles in the Cayman Islands, they are still an American conpany making huge cash in Iraq...
Last time I looked Halliburton had no affiliation as a subsidiary of British Petroleum.
Do you know what being a "contractor" means? Why would they be a subsidiary? They are hoping to get HIRED as a CONTRACTOR.
You brought BP into the equation not me. According to the WSJ article, Halliburton is claiming that there is a lot work there in Iraq.
no shit I brought BP into the commentary. What the fuck does that have to do with anything? They own the largest contract in Iraq. So why would you say something like "they are not a subsidiary"?
It's a pretty sad commentary after all the rhetoric that the Iraq war was "not about the oil"..that "when they stand up, we'll step down"...and then American companies are in there making big money.
Seeing as how no American companies gained controlling rights to any major oil fields, I would say not. At this point, who gives a shit where a company makes it's money? The Iraqi government are the ones who sold the rights, nothing was taken unfairly.
Might want to check your history books on why there was a 444 day hostage crisis in Iran. It was all about Americans (and the Brits) ripping off the locals of the revenues from THEIR oil.
the Iraqi government sold their rights to these companies in exchange for cash up front and mega royalties. If they are getting fucked, it's their own damn fault for accepting the bid, don'tcha think?