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Thursday, June 19, 2008

Coalition of the drilling

That's Surber's title for his take on a NY Times article which details the big Four - now Five - global oil companies, and their return to a liberated, democratic Iraq.

These big oil giants bring with them new technology, and billions of dollars to invest in Iraq's huge oil fields. This investment, despite the tantric BDS infants cry of 'boooshitler lied for bloodyoil', will benefit, not only Iraq which owns the oil, but the World's economy, in general, for decades to come.

And Surber demonstrates, once again, why he gets the big bucks in his analysis of the rapid stabilization of this once dictator oppressed & war torn country which will soon reap the benefits of freedom & free enterprise:

"This comes 36 years after Saddam Hussein nationalized — seized for his own personal gain — the oil industry.

The New York Times made a big deal over this being no-bid contracts.

What did Hussein bid?"