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Originally Posted by high_jinx
im surprised that i never hear an "oil update" in any news, print or tv. i wonder a lot of stuff like....
1) whats happening in iraqi oil fields?
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They are being parcelled out to coalition governments. I suspect that bidding is still going on between companies like BHP and Halfayah.
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Originally Posted by high_jinx
2) whats haliburton up to there?
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As of April this year, the KBR part of Haliburton is being traded publicly on the NYSE. They still "employ over 30,000 men and women in Iraq. Halliburton's work in Iraq is diverse and complicated. In addition to troop support, Halliburton also provides air traffic control support; produces 74 million gallons of water a month for consumption, hygiene and laundry; deploys as many as 700 trucks a day to deliver essentials to American forces; and provides firefighter and crash-rescue services, as well as working to restore Iraqi oil infrastructure."
http://en.wikipedia.org/wiki/Halliburton#2000s
As far as I know, Haliburton still has notm apologized about the botched food and water problems the summer of 2005. Current information is sketchy at best.
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Originally Posted by high_jinx
3) is there some kind of arrangement from the result of our occupation in the middle east?
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Yes and no. You see the idea is that we are rebuilding their country. The money is coming from our government in the form of debt, and it's being paid to (mostly) American corporations in exorbitant amounts.
Silence is policy.