Monday, January 15, 2007

I don't know whether this is a reputable news source...

But the story is too juicy not to mention. It says in The Independent, which is apparently a newspaper in the UK, that the Iraqi parliament will soon pass a law clearing the way for massive investment in Iraq's oil industry by western oil companies such as Exxon-Mobil, Shell, and BP.

Clearly there is a lot to be said about this, but I have Iraq induced tired-head right now, so will follow-up with a later post.

UPDATE: after looking into this a little more, I am prepared to say that The Independent is indeed a reputable news source, though it remains to be seen whether this particular bit of reportage is accurate. The paper further claims that its reporters have actually seen a draft of this legislation.

1 comment:

Gleemonex said...

Boy, do I wish I could muster some surprise at this development. Lemme check ... nope, all tapped out.