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Archive for May 1st, 2007

Bush is Stealing Oil From Iraq To The Tune Of Billions

Posted in H.L. News, Main Blog (All Posts) on May 1st, 2007 8:45 am by HL

How Much Iraqi Crude Oil is Being Stolen? Mystery of the Missing Meters

Alternet
Nobody really knows how much crude oil is being stolen by corrupt corrupt Iraqi and U.S. officials because, four years after the invasion, the oil meters haven’t been fixed.

The line of ships at the Al Basra Oil Terminal (ABOT) stretches south to the horizon, patiently waiting in the searing heat of the Northern Arabian Gulf as four giant supertankers load up. Close by, two more tankers fill up at the smaller Khawr Al Amaya Oil Terminal (KAAOT). Guarding both terminals are dozens of heavily-armed U.S. Navy troops and Iraqi Marines who live on the platforms.

These two offshore terminals, a maze of pipes and precarious metal walkways, deliver some 1.6 million barrels of crude oil, at least 85 percent of Iraq’s output, to buyers from all over the world. If the southern oil fields are the heart of Iraq’s economy, its main arteries are three 40-plus inch pipelines that stretch some 52 miles from Iraq’s wells to the ports.

Heavily armed soldiers spend their days at the oil terminals scanning the horizon looking for suicide bombers and stray fishing dhows (boats). Meanwhile, right under their noses, smugglers are suspected to be diverting an estimated billions of dollars worth of crude onto tankers because the oil metering system that is supposed monitor how much crude flows into and out of ABOT and KAAOT — has not worked since the March 2003 U.S. invasion of Iraq.

Officials blame the four-year delay in repairing the relatively simple system on “security problems.” Others point to the failed efforts of the two U.S. companies hired to repair the southern oil fields, fix the two terminals, and the meters: Halliburton of Houston, Texas, and Parsons of Pasadena, California.

HLs Take
I can’t say it better then my good friend Bartcop can.

 Iraq pumped 3.5M
barrels daily before
Bush invaded

 and then they got their 2003 Halliburton
upgrade

Bush is stealing $220,000,000
every
day
.

No wonder they were so eager to start a war,

stealing  $220,000,000
every
day
.

It’s the biggest theft in Earth’s history.

Exxon made
$10B profit in 90 days


 $100M a day – all profit – because Bush started a fake war

 Link

Bush’s “Bring ’em on”
death taunt is up to…

3,337….3,351

American victims

3,351 
families destroyed by Bush greed.

They got 14
since last issue

…and how much did BIG OIL make yesterday?

Exxon
makes $108M – every day

Bush can live with that,

because Iraq’s oil wells have
no meters

and his front company is moving
to Dubai.


 



 

Bloomberg News says Iraq is currently pumping 2M barrels a day. (Lies)

 But even 2M barrels is $120M
a day
– where’s that money going?

Bush has killed more Americans than Osama.

http://icasualties.org/oif/