Wednesday, October 28, 2009

Oil tycoon: Our troops died ... we're "entitled" to sweet contracts in Iraq!

...Another consortium headed by Exxon is still in the running for one project, but that doesn't mollify hedge-fund gazillionaire -- and natural gas honcho -- T-Boone Pickens. He's none-too-happy:

Oil tycoon T. Boone Pickens told Congress on Wednesday that U.S. energy companies are "entitled" to some of Iraq's crude because of the large number of American troops that lost their lives fighting in the country and the U.S. taxpayer money spent in Iraq.

[...]

"They're opening them (oil fields) up to other companies all over the world ... We're entitled to it," Pickens said of Iraq's oil. "Heck, we even lost 5,000 of our people, 65,000 injured and a trillion, five hundred billion dollars."

[...]

"We leave there with the Chinese getting the oil," Pickens said.

Nothing new -- In August T-Boone called on the administration to "demand" oil contracts from Iraq before considering a withdrawal ($$). But it is an unusually brazen admission that many energy bigs did in fact consider "blood-for-oil" to be a straightforward deal...


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