Greedy American Oil companies bid themsleves out of Iraq oil feilds.

Discussion in 'Energy' started by 52ndStreet, Dec 12, 2009.

  1. 52ndStreet
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    52ndStreet VIP Member

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    I heard a report that greedy American oil companies bid themselves out of the lucrative Iraq oil feild drilling biding that was held yesterday in Iraq.

    They offered $12 dollars per barrell, while China and European companies bid for $3 amd $2 dollars a barrell.

    When will America realize that greed is destroying this country.?
     
  2. The Rabbi
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    The Rabbi Diamond Member

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    And the Chinese and Europeans are of course motivated by altruism. Right?
    Tool.
     
  3. mudwhistle
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    mudwhistle Diamond Member

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    Yet another recycled news story with a dishonest twist to it.

    That contract went to China over a year ago...because Nancy Pelosi and Harry Reid told the Iraqis that any company from the US they hire to drill has to follow strict restrictions....essentially driving the costs of oil production through the roof. China is a developing country so they don't have to adhere to the same restrictions.

    Yet another example of how Global Warming legislation will ruin this country because it will render us unable to compete in the world market in any capacity.
     
    Last edited: Dec 12, 2009
  4. Toro
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    Toro Diamond Member

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    But...but...but how can this be if we invaded Iraq so our oil companies could take over the Iraqi oil fields?

    Its all so confusing...
     
  5. Mr. H.
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    Mr. H. Diamond Member

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    Could you cite this report with a link of sorts?

    What exactly was the bid process? Who are the "European companies"?
     
  6. 52ndStreet
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    52ndStreet VIP Member

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    You just have to google, recent biding for Iraqi Oil drilling rights.
    O.K. Mr. H, get back to me on what kind of results you received.
     
  7. Mr Clean
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    Mr Clean Gold Member

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    For all we've done for Iraq, we should have been given that oil gratis.
     
  8. 52ndStreet
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    52ndStreet VIP Member

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    I think Halliburton, has a contract with the government to repair and/or to upgrade many of the Oil felds.

    But I do agree , American Oil companies should have been given some kind of special
    deals, or maybe this has already been negotiated.
     
  9. mudwhistle
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    mudwhistle Diamond Member

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    Because regardless how fucked up Obama and his friends think this country has been...we aren't like most other countries.

    We believe in freedom.
     
  10. mudwhistle
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    mudwhistle Diamond Member

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    Once again....this is an old story.

    The contracts were given to China about a year ago.

    The costs were a major factor in the consideration for the awards.

    China offered to do it at a fraction of US oil companies. US companies were hamstrung in the negotiations because of our Congress's demands.
     

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