Iraq auctions off giant oil fields

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Uploaded by on Dec 11, 2009

Iraq struck deals with consortiums led by energy giants Shell and CNPC on its massive southern oil fields on Friday in an auction aimed at dramatically boosting crude output in a country with the third biggest reserves in the world.Duration: 01:05

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  • likes, 5 dislikes

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  • sad day for democracy anywhere in the world

  • A major reason for the war now comes to the light of day.

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  • Well this oil auction eliminates any doubts regarding the true motives of the Iraqi invasion , a million plus dead people and countless wasted resources all at taxpayers expense, so that the oil companies could exploit those oil resources , next step is for them to sale that oil to us , Human stupidity never ceases to amaze me, we should demand that those politicians and energy companies should be doing hard labor, in North Korea .

  • @iamqqqqqqq same thing

  • Damn it, I thought this said Iraq Auctions Off Toilet Seats

    So disappointed...

  • Iraq does not have Government, most those puppets had not lived in Iraq over 15-20 years

  • NO! they voted to follow iraq law and share the profits within the IRAQ region

  • The Iraqi people voted to give away their oil?

  • Thats business bitch

  • Big Oil: WIN

    Iraqi Government: FAIL

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