I was under the impression that U.S. oil companies didn’t get any of that Iraqi oil. I think the biggest player is China, followed by France.
I found a recent article in the NYTimes, which tries to say that the U.S. is the big beneficiary. But evidently Russia, China, and Europe are getting almost all the oil. Halliburton and a few American companies are doing some of the work on site, drilling and pumping.
No doubt the NYTimes is eager to keep pushing the “No blood for oil” mantra, so if anything they probably exaggerate U.S. interests. And Russia Today may be underplaying Russia’s involvement.
Oh yes. We are sucking out as much oil as we can. It was our blood and treasure that kept the oil wells in our hands. If Obama gives that away, he won’t survive in office for a month.