By now it is obvious to everyone that the so-called ‘news’ media has no interest in telling this story since they, along with the left, are invested in defeat where Iraq is concerned. This development in Iraq is the kind of success everyone has been looking for. Iraq is opening its oil fields to international oil companies for bidding for development and production.
This is not to suggest that the war there and our participation there is over. But the fact that the newly formed democratically elected government of Iraq has progressed to the point that they can make plans for their future says a lot about the success of the war so far.
The move to invite bids for the development of Iraq’s largest producing fields should mark the return of the oil majors, whose cash and expertise Iraq needs to restore its oil infrastructure that has been hard hit by sanctions and war.
By allowing international firms to help raise output at its key producing oil fields, the Iraqi government is breaking with the policy of major oil-producing neighbors such as Saudi Arabia, Kuwait and the United Arab Emirates where national firms keep tight control of foreign investment in their oil sectors.
Iraq’s move to embrace the world economy is a corner we’ve been looking forward to turning. The left will no doubt say, ‘ya see, it was a war for oil.’
It is Iraq’s own resources that Iraq needs to join the world as a friendly and prosperous country. It’s what the Iraqi people need. The left’s premise in their whole ‘war for oil’ rant is that the oil is for us, the U.S. On the contrary, the war for oil was about keeping it from Iran and al Qaeda and saving it for the people of Iraq. The fact that theses terrorists would have all the money they could possibly need to wage war on us had they taken over Iraq still escapes the left, Barack Obama included.
related link: Iraq throws open door to foreign oil firms