Humint Events Online: Exxon Mobil, Shell, BP and Chevron to Get No-Bid Contracts to Drill for Iraq Oil

Friday, June 20, 2008

Exxon Mobil, Shell, BP and Chevron to Get No-Bid Contracts to Drill for Iraq Oil

"It is not clear what role the United States played in awarding the contracts; there are still American advisers to Iraq’s Oil Ministry."

My guess is the odds of getting more Iraq oil on the market to significantly lower oil prices is very low. But for sure, these oil companies will make a bundle.

1 Comments:

Anonymous Anonymous said...

Hear, hear!

7:21 PM  

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