Great blog by Tom Hayden in the Huffington Post about the Iraq Study Group. Writes Hayden: “Recommendations 62 and 63 confirm that control of Iraqi oil is a fundamental premise of Administration policy.
Recommendation 62 says the US government should help draft an oil law that “creates a fiscal and legal framework for investment.” It further recommends that the US, in conjunction with the International Monetary Fund [IMF], should “press Iraq to continue reducing subsidies in the energy sector…until Iraqis pay market prices for oil products…”
Recommendation 63 says the US should “assist” Iraqi leaders in privatizing the national oil industry into a “commercial enterprise” to encourage investment by the multi-national oil companies.
Who said it was not about blood for oil, asks Hayden poignantly?