Big Oil’s Revenge on Baghdad

The fate of the Shiite regime that we installed in Baghdad was probably sealed back in 2009 during a televised oil auction at the Al-Rashid Hotel. The Iraqis took bids to see which oil companies would get contracts to pump Iraqi oil.

ExxonMobil shocked the audience with an astoundingly low bid. The giant company was willing to accept a mere $4.80 per barrel. But the audience was stunned again when the Ministry of Oil announced that the maximum they would pay was $2.

Can you imagine the audacity? Here we had just kindly destroyed their country, and now they were sticking it to us on oil profits. The bastards!

Which is, I’m sure, how the discussions went in the boardrooms of Big Oil. A couple of years later, ExxonMobil struck back. As I wrote in my book:

“In early 2012, ExxonMobil confirmed that they had signed an exploration and production deal with Iraq’s Kurdistan Regional Government. The Kurds are in defiance of Baghdad, and the deal has infuriated the Iraqi government. ExxonMobil has sided with the Kurds because they are easier to do business with, and if Baghdad doesn’t change its tune they just might get invaded again!”

And whoops! Baghdad is now under siege by Sunnis. Note to Maliki: payback’s a bitch.

(Am I a prophet or what? Obviously, you should buy my book immediately.)

Further evidence that we have turned our back on the Shiites is that we are doing virtually nothing to help them fight ISIS while Vladimir Putin has sent five Sukhoi fighter jets to Baghdad.

And you don’t have to take my word for it. Back in January, the Telegraph reported that the USA had given its seal of approval to ISIS.

Obama is telling Maliki: “We can do this the easy way or the hard way. You can step down and make way for a more pliable puppet, or Baghdad can burn.”

So far, Maliki is choosing the hard way.

Leave a Reply

Your email address will not be published. Required fields are marked *