Friday, December 11, 2009

What Did you Do in the 1991 - 2009 Gulf War Daddy?

Well, son. I went to Iraq so that the vast rich reserves of oil under their sand would no longer support an an out of favour client-dictator and could instead be controlled by a range of multi-national energy companies guaranteeing us access to the remaining dwindling supplies. We all but destroyed Iraq but the mission was accomplished:

Shell Awarded Iraq Oil Development Rights

A joint venture between the UK's Shell and Malaysia's Petronas oil companies has won the right to develop Iraq's giant Majnoon oil field.

A total of 44 companies are bidding for 10 fields in the second such auction since the invasion in 2003.

Shell and Petronas beat a rival bid from France's Total and China's CNPC.

Although Majnoon is a huge oil field, with reserves of 13 billion barrels of oil, it currently produces just 46,000 barrels per day.