Iraq and Western oil companies in discussions

The Washington Post story on the state of Iraqi oil has an interesting pair of paragraphs:

A higher-profile role for Western companies in Iraq’s oil industry is likely to revive speculation that the Iraq war was motivated by a desire to tap into reserves that were controlled by foreigners until the 1960s, when the industry was nationalized. The belief is widespread in the Arab world.

Secretary of State Condoleezza Rice on Thursday said the U.S. government played no role in securing the deals. She called the impending contracts a sign that security gains are attracting foreign investment in Iraq.

If I read that correctly, Rice is speaking out of both sides of her mouth at the same time. Impressive. US security gains are attracting deals, while deals are not attracted by US security gains. In other words, better security is not required for developments that require better security, and therefore better security should be given credit while it has nothing to do with progress. Good luck easing concerns with that reasoning. She should have just said “the U.S. government played no role in security gains”.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.