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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

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

Bush is stealing $220,000,000

No wonder they were so eager to start a war,

stealing  $220,000,000

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


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


American victims

families destroyed by Bush greed.

They got 14
since last issue

…and how much did BIG OIL make yesterday?

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.

5 Responses to “Bush is Stealing Oil From Iraq To The Tune Of Billions”

  1. Douglas Says:

    Iraqi oil is regularly smuggled out of the country in many different ways,” an oil merchant in Amman told the Nation (U.S.) magazine last month. “Emir al-Hakim [the head of the Supreme Council of the Islamic Revolution in Iraq] is spending all his time in Basra selling oil as if it were his own. People there call him Uday al-Hakim, meaning he is behaving the same way Uday Saddam Hussein was acting. Other merchants like myself have to work through him with the big deals or smuggle small quantities on our own. The petroleum is now divided among political parties in power.”
    This was took right out of your own post HL, now how can you say for certain that it is Bush that is steeling the oil.
    “I would say probably between 200,000 and 500,000 barrels a day is probably unaccounted for in Iraq,” Mikel Morris, who worked for the Iraq Reconstruction Management Organization (IRMO) at the U.S. embassy in Baghdad, told KTVT, a Texas television station.
    The key word is “probably”. So you can plainly see there is no prof

  2. Bill Says:

    Nice HL you delete my comment because it says what you don’t want people to hear.
    Other countrys have the tech. to tell if the US is stealing oil from Iraq and no one is saying a word. Or the fact that you can’t show were Bush is hidding all that oil that you claim he is stealing. Or was it the fact that if the US was taking it than why hasn’t the price of fuel gone down. Which one was it that you didn’t like HL.

  3. Bill Says:

    Hey HL here is an article for you that says that it is the Iraqi people that are stealing the oil not Bush so which is it. Oh and it is from CBS another liberal media.
    The ABOT is under the control of Iraq’s state-owned South Oil Company, which is now dominated by Shiites in southern Iraq, and the sales are managed by the State Oil Marketing Organization (SOMO).

    Morris says SOMO refused to divulge its export contracts, records of sales, or even the names of buyers in order for him to estimate how much oil is being stolen.


  4. Bill Says:

    just put the http in front of it.

  5. Anonymous Says:

    fuck george bush!