“The Iraqis owe us, Bill. We ought to take it.”
Fox Analyst: Iraqis ‘Owe Us’ 100-Year Leases On Their Oil, ‘We Ought To Take It’
Last week, the New York Times reported that four Western oil companies – Exxon Mobil, Shell, Total, and BP – are in the final stages of negotiating no-bid oil contracts “to service Iraq’s largest fields.” These contracts would run for one to two years, and give the oil companies a “foothold” in bidding on future contracts.
But one-to-two year service contracts aren’t enough for analyst Bob Beckel, a Fox News liberal. On the O’Reilly Factor last night, Beckel said that “what we ought to do is get Iraq to give us a 100 year lease” for exploring their oil fields:
BECKEL: OK, now, what we ought to do is get Iraq to give us 100 year lease on their unexplored – they’re the second largest source of oil in the world. Known reserves. Give the United States oil companies 100 year leases. Let us explore. We can get it quickly. It’s through sand. It’s the fastest way to get oil.
Beckel justified giving U.S. oil companies a century of business in Iraq by claiming, “The Iraqis owe us, Bill. We ought to take it.”</em>
Go ahead, let that concept roll around in your head a bit.
Done?
Ok, go find a shovel, and beat this guy until he resembles the aftermath of a cluster bomb.
