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Iraqis Near Deal on Distribution of Oil Revenues by Population
New York Times ^ | 9 December 2006 | Edward Wong

Posted on 12/09/2006 5:27:12 AM PST by shrinkermd

If enacted, the measure, drafted by a committee of politicians and ministers, could help resolve a highly divisive issue that has consistently blocked efforts to reconcile the country’s feuding ethnic and sectarian factions. Sunni Arabs, who lead the insurgency, have opposed the idea of regional autonomy for fear that they would be deprived of a fair share of the country’s oil wealth, which is concentrated in the Shiite south and Kurdish north.

The Iraq Study Group report stressed that an oil law guaranteeing an equitable distribution of revenues was crucial to the process of national reconciliation, and thus to ending the war.

Without such a law, it would also be impossible for Iraq to attract the foreign investment it desperately needs to bolster its oil industry.

Officials cautioned that this was only a draft agreement, and that it could still be undermined by the ethnic and sectarian squabbling that has jeopardized other political talks. The Iraqi Constitution, for example, was stalled for weeks over small wording conflicts, and its measures are often meaningless in the chaos and violence in Iraq today.

But a deal on the oil law could be reached within days, according to officials involved in the drafting. It would then go to the cabinet and Parliament for approval.

(Excerpt) Read more at nytimes.com ...


TOPICS: Foreign Affairs; Front Page News; Unclassified
KEYWORDS: iraq; oil; solution
NYT ascribes progress to "study group" in spite of the fact negotiations have been going on for months.
1 posted on 12/09/2006 5:27:15 AM PST by shrinkermd
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To: shrinkermd

Lol. Of course!

They might as well say, "Hey Readers, we think you have the IQ of a potato."


2 posted on 12/09/2006 5:45:47 AM PST by nuconvert ([there's a lot of bad people in the pistachio business] (...but his head is so tiny...))
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To: nuconvert

Now, let's see. Here things get stalled for many years over bickering, but there their government is a failure because they don't get things decided in weeks. What yahoo is writing this drivel?


3 posted on 12/09/2006 5:52:11 AM PST by ClaireSolt (Have you have gotten mixed up in a mish-masher?)
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To: nuconvert; shrinkermd; ClaireSolt
"Hey [NYT] Readers, we think you have the IQ of a potato."

I always click the NYT link in these posts, but never sign in. I hope they get the stats of the large number of people hitting that page and the lesser (much?) of those who actually get the article.

Ironic that the people bitching about NSA spying want to register tracking info about me and then plant cookies on my machine to see if I go to Amazon or whatever.

4 posted on 12/09/2006 6:56:39 AM PST by sam_paine (X .................................)
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To: nuconvert

So the solution to the problem of Iraq is obvious.A simple Socialist redistribution of wealth will surely fix everything.What utter Bulls--t!


5 posted on 12/09/2006 7:29:39 AM PST by Farmer Dean (Every time a toilet flushes,another liberal gets his brains.)
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To: nuconvert

Readers of the NYT DO have the intelligence of a potato.


6 posted on 12/09/2006 7:48:09 AM PST by conservative blonde (Let's call the Jr. Senator from Illinois by his full name, Barack Hussein Obama)
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To: Farmer Dean
So the solution to the problem of Iraq is obvious.A simple Socialist redistribution of wealth will surely fix everything.What utter Bulls--t!

An equal dividend check to each adult Iraqi doesn't sound socialistic to me. Might help a bit.

7 posted on 12/09/2006 11:01:10 AM PST by secretagent
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