The U.S. government is only too happy to sacrifice lives in order to expand the oil business

it's a heckuva deal when you have the entire might of the taxpayer-supported united states goverment ready and willing to sacrifice people's lives in order to increase your opportunities for expanding business and increasing profits... you don't have to beat down or buy out the competition, you don't have to go through the tediousness of exploration and test drilling, you don't have a huge investment in new infrastructure, the economy is already in ruins so labor costs are laughably low... what's NOT to like...?

"Iraq's massive oil reserves, the third-largest in the world, are about to be thrown open for large-scale exploitation by Western oil companies under a controversial law which is expected to come before the Iraqi parliament within days," Danny Fortson, Andrew Murray-Watson and Tim Webb report in the cover story [Britain's The Independent on Sunday].

According to the paper, the law "would give big oil companies such as BP, Shell and Exxon 30-year contracts to extract Iraqi crude and allow the first large-scale operation of foreign oil interests in the country since the industry was nationalised in 1972."

"Supporters say the provision allowing oil companies to take up to 75 per cent of the profits will last until they have recouped initial drilling costs," the article continues. "After that, they would collect about 20 per cent of all profits, according to industry sources in Iraq. But that is twice the industry average for such deals."

reading things like this, i just get this incredible feeling of pride in my country... is the u.s. a great place, or what...?

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