HARPER's April: Palast on secret US-Iraq Oil plans
FPF-Fwd. Greg Palast + BBC video
HARPER's April: Palast on secret US-Iraq Oil plans
Mon Mar 28, 2005 05:28
24.132.228.56

From: palast@gregpalast.com
Date: Mon, 28 Mar 2005
To: fpf@chello.nl
Subject: Harper's April edition - Baghdad Coup D'Etat for Big Oil

BAGHDAD COUP D'ETAT FOR BIG OIL

Monday, March 28, 2005

Harper's Magazine investigation reveals how Big Oil vanquished the neo-cons ... and OPEC is the winner.

"For months, the State Department officially denied the existence of this 323-page plan for Iraq's oil ...."

Some conspiracy nuts believe the Bush Administration had a secret plan to control Iraq's oil. In fact, there were TWO plans. In a joint investigation with BBC Television Newsnight, Harper's Magazine has uncovered a hidden battle over Iraq's oil. It began right after Mr. Bush took office - with a previously unreported plot to invade Iraq.

From the exclusive Harper's report by Greg Palast:

Within weeks of the first inaugural, prominent Iraqi expatriates -- many with ties to U.S. industry -- were invited to secret discussions directed by Pamela Quanrud, National Security Council, now at the State Department. "It quickly became an oil group," said one participant, Falah Aljibury. Aljibury is an advisor to Amerada Hess' oil trading arm and Goldman Sachs.

"The petroleum industry, the chemical industry, the banking industry -- they'd hoped that Iraq would go for a revolution like in the past and government was shut down for two or three days," Aljibury told me. On this plan, Hussein would simply have been replaced by some former Baathist general.

However, by February 2003, a hundred-page blue-print for the occupied nation, favored by neo-cons, had been enshrined as official policy. "Moving the Iraqi Economy from Recovery to Sustainable Growth" generally embodied the principles for postwar Iraq favored by Deputy Defense Secretary Paul Wolfowitz and the Iran-Contra figure, now Deputy National Security Advisor, Elliott Abrams. The blue-print mapped out a radical makeover of Iraq as a free-maket Xanadu including, on page 73, the sell-off of the nation's crown jewels: "privatization [of] the oil and supporting industries."

It was reasoned that if Iraq's fields were broken up and sold off, competing operators would crank up production. This extra crude would flood world petroleum markets, OPEC would devolve into mass cheating and overproduction, oil prices would fall over a cliff, and Saudi Arabia, both economically and politically, would fall to its knees.

However, in plotting the destruction of OPEC, the neocons failed to predict the virulent resistance of insurgent forces: the U.S. oil industry itself. Rob McKee, a former executive vice-president of ConocoPhillips, designated by the Bush Administration to advise the Iraqi oil ministry, had little tolerance for the neocons' threat to privatize the oil fields nor their obsession on ways to undermine OPEC. (In 2004, with oil approaching the $50 a barrel mark all year, the major U.S. oil companies posted record or near-record profits. ConocoPhillips this February reported a doubling of its quarterly profits.)

In November 2003, McKee quietly ordered up a new plan for Iraq's oil. For months, the State Department officially denied the existence of this 323-page plan, but when I threatened legal action, I was able to obtain the multi-volume document describing seven possible models of oil production for Iraq, each one merely a different flavor of a single option: a state-owned oil company under which the state maintains official title to the reserves but operation and control are given to foreign oil companies.

According to Ed Morse, another Hess Oil advisor, the switch to an OPEC-friendly policy for Iraq was driven by Dick Cheney. "The VP's office [has] not pursued a policy in Iraq that would lead to a rapid opening of the Iraqi energy sector
that would put us on a track to say, "We're going to put a squeeze on OPEC."

Cheney, far from "putting the squeeze on OPEC," has taken a defacto seat there, allowing the cartel to maintain its suffocating grip on the U.S. economy. [end item]

************************************************************

Read the full story in the April edition of Harper's Magazine, out this week: "OPEC ON THE MARCH: Why Iraq Still Sells Its Oil la Cartel," by Greg Palast.

Watch Palast's report on the Harper's discovery on BBC television's premier nightly current affairs show, Newsnight, viewable on-line at:

BBC Newsnight - U.S. Secret Plan for Iraq's Oil
http://gregpalast.com/video/BBCIraqOilReport.mov

Greg Palast is the author of the New York Times bestseller, "The Best Democracy Money Can Buy." View his writings at www.GregPalast.com .

Leni von Eckardt contributed investigative research to this project.

For interviews, email us at contact(at)GregPalast.com
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Fwd in agreement and appreciation by the:

FOREIGN PRESS FOUNDATION
http://tinyurl.com/3tro9
Editor : Henk Ruyssenaars
http://tinyurl.com/66dmo
The Netherlands
FPF@Chello.nl

The Dutch author this far has worked abroad 4 decades for international media as a fully independent foreign correspondent, of which 10 years - also during Gulf War I - in the Arab World and the Middle East.
Seeing worldwide that every bullet and every bomb breeds more terrorism ! - At present 'Persona non Grata' in Holland :-)

He who travels far will often see things

Far removed from what he believed was the Truth.

When he talks about it in the fields at home,

He is often accused of lying,

For the obdurate people will not believe

Inexperience, I believe,

Will give little credence to my song.

'Journey to the East' - Hermann Hesse

'The war in Iraq is illegal' says United Nation's Secretary General Kofi Annan - Url.: http://tinyurl.com/5pl2v

England's legal advise by the Foreign Office: the Iraq war is a 'crime of aggression' - Url.: http://tinyurl.com/44nhn

A 55' seconds 'sound bite' concerning the US-Israeli 'Dogs of War' - 'bringing democracy' everywhere. Url.: http://tinyurl.com/5u98v

Imagine the good which could have been done with so much money - The Cost of war [to the US] in $ - Url.: http://www.costofwar.com/

Colin Powell: 'It is not anti-Semitic to criticize the policies of the State of Israel' - Said as 'US Secretary of State' in a speech at the 'Conference on Anti-Semitism of the Organization for Security and Cooperation in Europe' German Ministry of Foreign Affairs - Berlin - April 28th - 2004 - Url.: http://tinyurl.com/22p6c

Former PM 'Wim Kok' and other Dutch Govt's Warcriminals in Court - Url.: http://tinyurl.com/662pp -

Sued: Defense Secretary Rumsfeld Over U.S. Torture Policies - Url.: http://tinyurl.com/3tgo3

It can and must be done!

Help the troops come home! Url.: http://www.bringemhome.org - We need them badly to fight our so called 'governments' - Url.: http://www.bringthemhomenow.org/

HR

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