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Thursday, July 3, 2008

Bush and the oil industry

Why is the Bush administration helping to write oil contracts for the oil industry? 

http://www.nytimes.com/2008/07/03/world/middleeast/03kurdistan.html?_r=1
The company, Hunt Oil of Dallas, signed the deal with Kurdistan's semi-autonomous government last September. Its chief executive, Ray L. Hunt, a close political ally of President Bush, briefed an advisory board to Mr. Bush on his contacts with Kurdish officials before the deal was signed. In an e-mail message released by the Congressional committee, a State Department official in Washington, briefed by a colleague about the impending deal with the Kurdistan Regional Government, wrote: "Many thanks for the heads up; getting an American company to sign a deal with the K.R.G. will make big news back here. Please keep us posted." The release of the documents comes as the administration is defending help that United States officials provided in drawing up a separate set of no-bid contracts, still pending, between Iraq's Oil Ministry in Baghdad and five major Western oil companies to provide services at other Iraqi oil fields. In the no-bid contracts, the administration said it had provided what it called purely technical help writing the contracts. The United States played no role in choosing the companies, the administration has said.

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