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Iraqi oil up for auction

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Uploaded by on Dec 11, 2009

Iraq is auctioning off contracts for some of the biggest untapped oil fields in the world.

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News & Politics

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  • Just about oil business. And the amerikkkans destroyed the lives of millions of people (I'm also considering the refugees)

    FUCK USA

  • Yes they did invade for OIL, piece of the deal to have China and Russia Cooperate with US on IRAN, the Poor Iraqi oil fields were sold. Most Iraqi's do not want it nationalized, but want all profits based on Iraqi law stay to the Iraqi People and split a % of profits to regions..

  • @thechoosendude

    You sound dumb saying that, proof is in the pudding.

  • So they have lost control and lost the oil fields...Unbelievable!!!

  • What's the importance of having oil if most

    of the benefits goes to a few ones placed

    in high ranks of the iraqui government?

  • Most Iraqies want it nationalized but oil companies have refused to provide just the technology and know how. They want a stake and control.

  • or the british

  • then why did U.S. invade Iraq?

  • shell oil was/is ? guility of humantarian crimes in africa one of the worst poluters on the planet ,a corpration that cares nothing for the people or places is take from , on the up side there not as bad as the Usa

  • Iraq was invaded for oil, however it was one of many reason to do so. It was not about the United States directly controlling but undoing the nationalization of the oil fields under dictator Saddam and letting large corporation control them (i.e. privatization). However Al-Qaeda entering the country during the turmoil of war, sectarian violence and bombardment by coalition forces damaged Iraq oils rigs and production facilities.

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