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Iraq to cancel three oil deals [w/China & Russia]
Financial Times ^ | May 25 2003 22:20 | By Charles Clover in Baghdad

Posted on 05/25/2003 6:13:23 PM PDT by DeaconBenjamin

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1 posted on 05/25/2003 6:13:24 PM PDT by DeaconBenjamin
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To: DeaconBenjamin
Good start
2 posted on 05/25/2003 6:17:43 PM PDT by spokeshave ( against dead wood (albore) Frogs & Rats)
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To: DeaconBenjamin
"...a contract with the Russian oil giant Lukoil had been terminated."

ROTFLOL!

You know what they say about "paybacks"...

3 posted on 05/25/2003 6:18:48 PM PDT by dixiechick2000 (Never have so many, been so wrong, about so much.)
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To: DeaconBenjamin
Mr Carroll confirmed that the former regime had developed a strategic plan to increase production capacity fr om 3m b/d to 6m b/d in six to seven years at a cost of $25bn-$30bn. Such a scheme would eventually enable Iraq to challenge Saudi Arabia as the largest oil exporter in the world.

At that point, he said, Iraq would have to decide whether to continue membership in Opec...

I wonder if Saudis are bitching about this free market approach the same way some Americans bitched about NAFTA.

4 posted on 05/25/2003 6:23:02 PM PDT by Principled
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To: dixiechick2000
And talk about sore losers . . .the Russians are practising First Strike nuke attacks on U. S. and England.

Looks like SDI is still a good investment.

5 posted on 05/25/2003 6:33:43 PM PDT by BenLurkin (Socialism is slavery.)
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To: dixiechick2000
The B is back?
6 posted on 05/25/2003 6:36:31 PM PDT by DeaconBenjamin
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To: DeaconBenjamin
Shi'ite happens!
7 posted on 05/25/2003 6:50:07 PM PDT by sheik yerbouty
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To: DeaconBenjamin
This is heartbreaking, heartbreaking I tell you. Among other things, the frogs and the krauts have been transformed into [very] junior creditors of the gestational Iraqi government, which means, among other things, that the frogs and the krauts are going to pay premium prices, bigtime, for any oil we permit them to purchase with their so-called receivables against Soddom's defunct regime. How sweet it is. Speaking charitably, I say give them 20 cents on the dollar. If they don't like that generous offer, give them nothing.
8 posted on 05/25/2003 6:53:21 PM PDT by Bedford Forrest (Roger, Contact, Judy, Out. Fox One. Splash one.)
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To: DeaconBenjamin
Imagine you are not an American for a moment but a Russian, German, Frenchman, or Chinese. The USA pushes for war against an oil rich regime on the basis that it has WMD's for months. All during this time it deny's to high heavens that it has anything to do with this country sitting on the second biggest oil reserve in the world. Furthermore- this "threat" is not even the worst offender among it's immediate neighbors when it comes to WMD's nor is it even close to being a major sponser of terrorism in comparison to it's neighbors. But it is already conveniantly isolated and under UN Sanction with a nasty brutal dictator to boot. America then invades and after two months hasn't found any WMD's. Then America installs an Iraqi "oil minister" who terminates contracts with other countries. Nope- not about oil. I wonder who will get them? The title of this article should read "USA to cancel oil deals."

Those darn foreigners are just "left wing Bush haters" for daring to think America has less than pure motives.

9 posted on 05/25/2003 7:03:12 PM PDT by Agricola
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To: Agricola
And how many carrier attack groups does the USA have...12 I think....and the frogs, krauts, soviets and assorted wannabees...?
10 posted on 05/25/2003 7:09:22 PM PDT by spokeshave ( against dead wood (albore) Frogs & Rats)
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To: Agricola
Oh you don't know what you are talking about. France was the one that had oil at stake in this. NOT US YOU GOOFBALL!!
11 posted on 05/25/2003 7:10:15 PM PDT by ConservativeMan55 (Boycott Smuckers Jelly ! ! ! ! !)
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To: Agricola
Yeah, the Iraqis were getting pennies on the dollar for their oil because Saddam just wanted money to buy his toys. Do you think for a minute these people didn't know they were screwing the Iraqi people royally? Of course they knew. Now they can renegotiate for a fair price so the people won't end up pumping out their birthright and getting nothing in return.

The money is going to the people. There is a trust set up for it, with the IMF and the UN overseeing it.

12 posted on 05/25/2003 7:16:39 PM PDT by McGavin999
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To: Agricola
Yea, just picture you being a peasant worker in a Chinese state run sweat shop... getting the truth about anything.
13 posted on 05/25/2003 7:17:04 PM PDT by jungleboy
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To: DeaconBenjamin
Pinging Mr. Putin....don't screw with Texas oilmen.
14 posted on 05/25/2003 7:22:06 PM PDT by Beck_isright (When Senator Byrd landed on an aircraft carrier, the blacks were forced below shoveling coal...)
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To: Beck_isright; jungleboy; McGavin999
Hey Guys check out some of Agricola's other idiotic posts!!!!!


http://www.freerepublic.com/focus/f-news/917555/posts?page=80#80

http://www.freerepublic.com/focus/f-news/917648/posts?page=8#8

http://www.freerepublic.com/focus/f-news/917648/posts?page=6#6

http://www.freerepublic.com/focus/f-news/917555/posts?page=55#55

http://www.freerepublic.com/focus/f-news/917431/posts?page=22#22

http://www.freerepublic.com/focus/f-news/917431/posts?page=14#14

http://www.freerepublic.com/focus/f-news/917231/posts?page=9#9

http://www.freerepublic.com/focus/f-news/917198/posts?page=7#7
15 posted on 05/25/2003 7:30:52 PM PDT by ConservativeMan55 (Boycott Smuckers Jelly ! ! ! ! !)
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To: ConservativeMan55
Me thinkst after checking those out, and reading them, that the Viking Kitties and the almight

ZOT!

are in order. Amazing that we still have sleeper cells here. Sigh.
16 posted on 05/25/2003 7:34:22 PM PDT by Beck_isright (When Senator Byrd landed on an aircraft carrier, the blacks were forced below shoveling coal...)
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To: DeaconBenjamin
There are attorneys in Iraq now. Little did we know. The second wave.
17 posted on 05/25/2003 7:35:01 PM PDT by RightWhale (Theorems link concepts; proofs establish links)
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To: Agricola
Tough S**t, the French, Germans, Russians only had these contracts because they were engaged in illegal trading with Iraq. This "malfeasance" and "misfeasance" is enough to declare them extortive and null & void.

You think we should do something to insure that the Weasels like us, they hate us anyway so who cares. It is like pacifing the DemocRATS and they always turn and bite the had that feeds them. We should now know that the HELL with feeding them or the Weasels.

18 posted on 05/25/2003 7:35:22 PM PDT by scannell
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To: Agricola
Pinging, the almighty....





ZOT that is.....back to DU you heathen, back....
19 posted on 05/25/2003 7:35:49 PM PDT by Beck_isright (When Senator Byrd landed on an aircraft carrier, the blacks were forced below shoveling coal...)
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To: Agricola
ZOT!!!!
Go back to DU you crazy nutjob! We don't need your kind here!

20 posted on 05/25/2003 7:38:38 PM PDT by ConservativeMan55 (Boycott Smuckers Jelly ! ! ! ! !)
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