Put this in your Pipe and Smoke it!

For those of you who still believe in the fairy-tale of bringing "democracy" to the middle east might want to put this in your pipes and smoke it!

The Iraqi government's draft of a new Iraqi oil law puts decisions concerning oil into the hands of a new organization known as the Federal Oil and Gas Council, whose panel of experts come from inside and outside Iraq ... predominately though, composed of big UK and US oil executives ... holy Iraqi oil wealth pillaging Batman!

Production Sharing Agreements (PSA's) is their recommendation for democratic Iraqi privatization and they are designed to produce a paltry 75% profit for the UK and US oil industries ... oh my! In Iraq, 65 of 80 oil fields are about to go up for bid. Would anyone like to make a wager on just who winds up owning them? Could it possibly start with a U and end with a K and an S? I know, I'm just another one of those wild-eyed conspiracy theorists.

Could this be another reason why you will never see the Axis of Good Guys willingly leave the area?

Thought you might like to also know that some of the folks involved in the drafting of this "new law" was the IMF, Paul Wolfowitz and something called US AID. Have to get my intrepid partner Deep Nose looking into this organization. Wonder what he'll find when he turns over the rock?

By the way, this oil costs $1.00 per barrel to extract. How much are we currently paying at the pumps? Ching, ching, bling, bling. Happy motoring Canada!