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Pickens says U.S. firms ‘entitled’ to Iraqi oil

Posted By admin On October 22, 2009 @ 3:26 am In World News | Comments Disabled

Tom Doggett
Reuters [1]
Thursday, Oct 22nd, 2009

Oil tycoon T. Boone Pickens told Congress on Wednesday that U.S. energy companies are “entitled” to some of Iraq’s crude because of the large number of American troops that lost their lives fighting in the country and the U.S. taxpayer money spent in Iraq.

Boone, speaking to the newly formed Congressional Natural Gas Caucus, complained that the Iraqi government has awarded contracts to foreign companies, particularly Chinese firms, to develop Iraq’s vast reserves while American companies have mostly been shut out.

“They’re opening them (oil fields) up to other companies all over the world … We’re entitled to it,” Pickens said of Iraq’s oil. “Heck, we even lost 5,000 of our people, 65,000 injured and a trillion, five hundred billion dollars.”

President Barack Obama has pledged to withdraw U.S. troops in Iraq.

“We leave there with the Chinese getting the oil,” Pickens said.

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URLs in this post:

[1] Reuters : http://in.reuters.com/article/oilRpt/idINN2149238420091021

[2] Image: http://prisonplanet.tv/signup.html

[3] Pickens Predicts Oil to Top $100 by End of 2010: http://www.prisonplanet.com/pickens-predicts-oil-to-top-100-by-end-of-2010.html

[4] Pickens sees $300 oil unless U.S. cuts imports: http://www.prisonplanet.com/pickens-sees-300-oil-unless-us-cuts-imports.html

[5] Iraqi group files 200 lawsuits against Rumsfeld, US security firms for torture: http://www.prisonplanet.com/iraqi-group-files-200-lawsuits-against-rumsfeld-us-security-firms-for-torture.html

[6] China’s Army Denies Launching Cyberattacks on US Firms: http://www.prisonplanet.com/china%e2%80%99s-army-denies-launching-cyberattacks-on-us-firms.html

[7] US Troops Disguising Themselves As Iraqi Army In Baghdad: http://www.prisonplanet.com/us-troops-disguising-themselves-as-iraqi-army-in-baghdad.html

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