Monday, July 09, 2007

BushCo demands Iraqi oil....

From truthout.org :

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Iraqi Oil Workers Union Founder: US-Backed Oil Law Is "Robbery"
By Amy Goodman
Democracy Now!
Monday 09 July 2007

The proposed oil law facing the Iraqi cabinet would allow Western oil companies to take about 50% of all production as their share, an "obvious robbery of the Iraqi oil," says oil workers union heavy.

As the Iraqi cabinet approves part of a controversial oil law, we speak with Faleh Abood Umara, the general secretary of the Federation of Oil Unions and a founding member of the oil workers union in Iraq. He calls on Iraqi lawmakers to reject the legislation. We also speak with Hashmeya Muhsin Hussein, president of the Electrical Utility Workers Union and the first woman to head a national union in Iraq.

Amy Goodman: In Iraq, opposition is growing among some Sunni, Shia and Kurdish factions to a controversial oil law backed by Washington. Draft legislation on the distribution of oil wealth in Iraq was approved by the Iraqi cabinet last Tuesday and could go to parliament for review as early as this week. Prime Minister Nouri al-Maliki called the bill "the most important law in Iraq."

US lawmakers have demanded Iraq advance the measure before Congress approves additional war funding, but critics say the law would leave Iraq's oil open to foreign takeover. A parliamentary boycott by Sunni and Shia factions is expected to slow the bill's passage.

In addition, six Nobel Peace Prize laureates have released a statement in opposition to the legislation. The laureates include Betty Williams, Mairead Maguire, Rigoberta Menchu, Jody Williams, Shirin Ebadi and Wangari Maathai. The statement read, in part, "The Iraqi oil law could benefit foreign oil companies at the expense of the Iraqi people, deny the Iraqi people economic security, create greater instability and move the country further away from peace."

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