Whose blood for Iraqi oil?
Kenneth R. Timmerman reveals that at least one of the sides in the Iraq war debate were willing to spill blood for oil. That is, the blood of hundreds of thousands of Iraqis.
In documents I obtained during an investigation of the French relationship to Saddam Hussein, the French interest in maintaining Saddam Hussein in power was spelled out in excruciating detail. The price tag: close to $100 billion. That was what French oil companies stood to profit in the first seven years of their exclusive oil arrangements - had Saddam remained in power. [...]
Almost as soon as the guns went silent after the first Gulf war in 1991, French oil giants Total SA and Elf Aquitaine - who have now merged and expanded to become TotalFinaElf - sought a competitive advantage over their rivals in Iraq by negotiating exclusive production-sharing contracts with Saddam's regime that were intended to give them a stranglehold on Iraq's future oil production for decades to come.
I actually worked in Total many years ago, right out of school. I can believe anything about them.
Via VodkaPundit.
I made the same argument some time back.
1:51:36 PM 
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