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> 
> From: "The Wisdom Fund" <[EMAIL PROTECTED]>
> Date: 8 Oct 2002 14:09:10 -0000
> To: List Member <[EMAIL PROTECTED]>
> Subject: IRAQ BRIEFING #4: OIL, OIL, OIL
> 
> 
> 1) Scramble to carve up Iraqi oil reserves lies behind US diplomacy 
> 2) Official: US oil at the heart of Iraq crisis 
> 3) Spoils of War In Iraq War, to the Victor Goes the Oil 
> 4) Oil firms wait as Iraq crisis unfolds 
> 5) Russia fears US oil companies will take over world's second-biggest reserves 
> 6) The word from the CIA: it's the oil, stupid 
> 7) In Iraqi War Scenario, Oil Is Key Issue
> 8) West's greed for oil fuels Saddam fever 
> 9) West sees glittering prizes ahead in giant oilfields
> 
> 
> -------------------- 
> http://www.observer.co.uk/international/story/0,6903,805530, 00.html
> 
> Scramble to carve up Iraqi oil reserves lies behind US diplomacy
> 
> Manoeuvres shaped by horsetrading between America, Russia and France over control of 
>untapped oilfields
> 
> Ed Vulliamy in New York, Paul Webster in Paris, and Nick Paton Walsh in Moscow 
> Sunday October 6, 2002 The Observer
> 
> Oil is emerging as the key factor in US attempts to secure the support of Russia and 
>France for military action against Iraq, according to an Observer investigation.
> 
> The Bush administration, intimately entwined with the global oil industry, is keen 
>to pounce on Iraq's massive untapped reserves, the second biggest in the world after 
>Saudi Arabia's. But France and Russia, who hold a power of veto on the UN Security 
>Council, have billion-dollar contracts with Baghdad, which they fear will disappear 
>in 'an oil grab by Washington', if America installs a successor to Saddam.
> 
> -------------------- 
> http://www.sundayherald.com/28285
> 
> Official: US oil at the heart of Iraq crisis
> 
>   By Neil Mackay
> 
>   President Bush's Cabinet agreed in April 2001 that 'Iraq remains a destabilising 
>influence to the flow of oil to international markets from the Middle East' and 
>because this is an unacceptable risk to the US 'military intervention' is necessary.
> 
> Vice-president Dick Cheney, who chairs the White House Energy Policy Development 
>Group, commissioned a report on 'energy security' from the Baker Institute for Public 
>Policy, a think-tank set up by James Baker, the former US secretary of state under 
>George Bush Snr.
> 
> The report, Strategic Energy Policy Challenges For The 21st Century, concludes: 'The 
>United States remains a prisoner of its energy dilemma. Iraq remains a de- 
>stabilising influence to ... the flow of oil to international markets from the Middle 
>East. Saddam Hussein has also demonstrated a willingness to threaten to use the oil 
>weapon and to use his own export programme to manipulate oil markets. Therefore the 
>US should conduct an immediate policy review toward Iraq including military, energy, 
>economic and political/ diplomatic assessments.
> 
> 'The United States should then develop an integrated strategy with key allies in 
>Europe and Asia, and with key countries in the Middle East, to restate goals with 
>respect to Iraqi policy and to restore a cohesive coalition of key allies.'
> 
> -------------------- 
> http://abcnews.go.com/sections/business/Nightline/ NTL_oil_iraq_021004. html
> 
> Spoils of War In Iraq War, to the Victor Goes the Oil
> 
> Analysis From The Editors of Nightline
> 
> 
> Oct. 4 — Saddam Hussein is sitting on a gold mine — the second-largest oil reserve 
>in the world —
> and everyone wants a piece of it.
> 
> Oil is a consideration for nations considering joining in the fight if the United 
>States goes to war in the Persian Gulf, because the day after Saddam is removed, the 
>Iraqi oil industry is up for grabs.
> 
> Of all of the reasons offered for removing Saddam, from terrorism to terrible 
>weapons, oil is seldom mentioned. Yet critical to the American agenda is the fear an 
>Iraq armed with nuclear weapons could dominated, or hold hostage a region through 
>which flows an estimated 30 percent of
> the world's oil and natural gas.
> 
> Similar worries about the world's oil supply figured heavily in the 1991 Gulf War, 
>and before that, concerns Iran might capture critical oil fields led the United 
>States to support Iraq in the war between those two countries.
> 
> And now, oil is a consideration in the continuing drama at the United Nations. 
>France and Russia, both with veto power in the Security Council, have extensive oil 
>interests in Iraq.
> 
> -------------------- 
> http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2002/09/ 29/MN116803.DTL
> 
> Oil firms wait as Iraq crisis unfolds
> 
> Robert Collier, Chronicle Staff Writer Sunday, September 29, 2002
> 
> 
> The world's biggest oil bonanza in recent memory may be just around the corner, 
>giving U.S. oil companies huge profits and American consumers cheap gasoline for 
>decades to come.
> 
> And it all may come courtesy of a war with Iraq.
> 
> While debate intensifies about the Bush administration's policy, oil analysts and 
>Iraqi exile leaders believe a new, pro-Western government -- assuming it were to 
>replace Saddam Hussein's
> regime -- would prompt U.S. and multinational petroleum giants to rush into Iraq, 
>dramatically increasing the output of a nation whose oil reserves are second only to 
>that of Saudi Arabia.
> 
> "There already is a stampede, with the Russians, French and Italians already lined 
>up," said Lawrence Goldstein, president of the Petroleum Industry Research 
>Foundation, a New York think tank funded by large oil companies.
> 
> -------------------- 
> http://news.independent.co.uk/world/middle_east/story.jsp? story=336691
> 
> Russia fears US oil companies will take over world's second-biggest reserves
> 
> By Andrew Buncombe in Washington
> 
> 26 September 2002
> 
> 
> Oil companies from around the world are manoeuvring for the multibillion-dollar 
>bonanza that would follow the ousting of Saddam Hussein.
> 
> Russia is so concerned that it has been holding secretive talks with the Iraqi 
>opposition to shore up its economic interests in the country which still owes Moscow 
>$7bn dollars from Soviet times.
> 
> With the second-biggest reserves in the world, Iraq's underdeveloped oilfields have 
>become a key negotiating chip and a backdrop to talks between the US and the other 
>permanent members of the UN Security Council – all of which have major economic 
>stakes in regime change in Iraq.
> 
> -------------------- 
> http://www.theage.com.au/articles/2002/09/22/1032055034013. html
> 
> The word from the CIA: it's the oil, stupid September 23, 2002
> 
> Who should be more worried, asks Kenneth Davidson, Saddam; or the French and Russian 
>oil companies
> presently in Iraq?
> 
> France and Russia have oil companies and interests in Iraq. They should be told that 
>if they are
> of assistance in moving Iraq towards decent government, we'll do the best we can to 
>ensure that
> the new government and American companies will work with them. If they throw their 
>lot with
> Saddam, it will be difficult to the point of impossible to persuade the new Iraq 
>government to work with them. Former CIA director James Woolsey, quoted in The 
>Washington Post, September 15, 2002. 
> 
> So there you have it. The Bush administration may be telling the world that the 
>reason the UN Security Council has to approve an allied attack on Iraq is because of 
>Iraq's weapons of mass destruction capability, but the real reason France and Russia 
>are being told to get on board the
> US military bandwagon is Iraq's oil reserves.
> 
> According to The Washington Post, all five permanent members of the Security Council 
>- the US, Britain, France, Russia and China - have international oil companies with 
>major stakes in a change of leadership in Baghdad. The Washington Post is one of the 
>major media vehicles through which members of the American establishment talk to each 
>other.
> 
> -------------------- 
> http://www.washingtonpost.com/wp-dyn/articles/A18841-2002Sep14.html
> 
> washingtonpost.com
> 
> In Iraqi War Scenario, Oil Is Key Issue U.S. Drillers Eye Huge Petroleum Pool
> 
> By Dan Morgan and David B. Ottaway Washington Post Staff Writers Sunday, September 
>15, 2002; Page
> A01
> 
> 
> A U.S.-led ouster of Iraqi President Saddam Hussein could open a bonanza for 
>American oil companies long banished from Iraq, scuttling oil deals between Baghdad 
>and Russia, France and other countries, and reshuffling world petroleum markets, 
>according to industry officials and
> leaders of the Iraqi opposition.
> 
> Although senior Bush administration officials say they have not begun to focus on 
>the issues involving oil and Iraq, American and foreign oil companies have already 
>begun maneuvering for a stake in the country's huge proven reserves of 112 billion 
>barrels of crude oil, the largest in the world outside Saudi Arabia.
> 
> -------------------- 
> http://www.observer.co.uk/worldview/story/0,11581,772668,00.html
> 
> West's greed for oil fuels Saddam fever
> 
> Anthony Sampson analyses the roots of America's fear of the Iraqi dictator,and warns 
>that toppling
> him might cause less stability and more insecurity
> 
> The Observer, August 11, 2002
> 
> Is the projected war against Iraq really turning into an oil war, aimed at 
>safeguarding Western
> energy supplies as much as toppling a dangerous dictator and source of terrorism? Of 
>course no one can doubt the genuine American hatred of Saddam Hussein, but recent 
>developments in Washington suggest oil may loom larger than democracy or human rights 
>in American calculations.
> 
> The alarmist briefing to the Pentagon by the Rand Corporation, leaked last week, 
>talked about Saudi Arabia as 'the kernel of evil' and proposed that Washington should 
>have a showdown with its former ally, if necessary seizing its oilfields which have 
>been crucial to America's energy.
> 
> And the more anxious oil companies become about the stability of Saudi Arabia, the 
>more they become interested in gaining access to Iraq, site of the world's second 
>biggest oil reserves, which are denied to them.
> 
> -------------------- 
> http://www.timesonline.co.uk/article/0,,3-352935,00.html
> 
> Times (UK), July 11, 2002
> 
> West sees glittering prizes ahead in giant oilfields
> 
> By Michael Theodoulou in Nicosia and Roland Watson
> 
> 
> THE removal of President Saddam Hussein would open Iraqs rich new oilfields to 
>Western bidders and
> bring the prospect of lessening dependence on Saudi oil.
> 
> No other country offers such untapped oilfields whose exploitation could lessen 
>tensions over the Western presence in Saudi Arabia.
> 
> After Kuwait's liberation by US-led forces in 1991, America monopolised the postwar 
>deals, but the need to win international support for an invasion is unlikely to see a 
>repeat.
> 
> Russia, in particular, and France and China all permanent members of the United 
>Nations Security Council have high hopes of prising promises of contracts in a 
>liberated Iraq from a United States that may need their political support.
> 
> --------------------
> 
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> --------------------
> 
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