REMEMBER THOSE IRAQI OIL CONTRACTS FOR WESTERN COMPANIES?

Gee whatever happened to all those no bid contracts for Exxon Mobil, Shell, Total, Chevron, and BP we heard about a few months ago? Well guess what? China is in first. Blame these three retards: Chuck Schumer, John Kerry, and Claire McCaskill.

Have they no shame? The blood of American soldiers mean nothing to them.

The Iraqi government was poised to sign no-bid contracts with those firms this summer to help make immediate and needed improvements in Iraq's oil infrastructure. The result would have been significant foreign investment in Iraq, an expansion of Iraqi government revenues, and an increase in the global supply of oil. One would have thought that leading Democratic senators who claim to be interested in finding other sources of funding to replace American dollars in Iraq, in helping Iraq spend its own money on its own people, and in lowering the price of gasoline for American citizens, would have been all for it. Instead, Senators Chuck Schumer, John Kerry, and Claire McCaskill wrote a letter to Secretary of State Rice asking her "to persuade the GOI [Government of Iraq] to refrain from signing contracts with multinational oil companies until a hydrocarbon law is in effect in Iraq." The Bush administration wisely refused to do so, but the resulting media hooraw in Iraq led to the cancellation of the contracts, and helps to explain why Iraq is doing oil deals instead with China.

Click title for full story