Thursday, August 24, 2006

Iraqi Oil Not Being Metered

May 7, 2003 - Common Dreams
WASHINGTON - The US Army has revealed for the first time that a subsidiary of Halliburton Co. has a contract encompassing the operation of Iraqi oil fields, a senior US lawmaker said.
Previously, the US Army Corps of Engineers had described the contract given to Halliburton -- run by US Vice President Dick Cheney from 1995 to 2000 -- as involving oil well firefighting.
But in a May 2 letter replying to questions from a senior Democratic lawmaker, Henry Waxman, the army said the contract also included "operation of facilities and distribution of products."

"These new disclosures are significant and they seem at odds with the administration's repeated assurances that the Iraqi oil belongs to the Iraqi people."

Wikipedia
"Iraq's oil infrastructure was damaged when the CPA (Coalition Provisional Authority) took over. The CPA effected selected reparis. But the IAMB (International Advisory and Monitoring Board) found that the CPA had chosen not to repair the meters on the pipelines. The IAMB told the CPA that they were concerned that the lack of metering made auding Iraq's oil exports unreliable – making it impossible to detect fraud, deception or smuggling.
The CPA's authority came to an end with the meters unrepaired."

UPI May 2, 2006 - Spacewar
"No one knows exactly how much oil is smuggled out of the country because the pipelines are not metered."

July 21, 2006 - Halliburton's Profits Up 51 Percent
"Despite a decline in Defense Department contracts, Vice President Dick Cheney’s former firm Halliburton Corporation reported a 51% increase in its second-quarter profits due to a rise in oilfield service revenue."

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