6,480. 10/15/2005

“The endorsement of the new Iraqi constitution by referendum in October 2005 finally killed the prospect of full-scale oil privatization. Article 109 of that document stated clearly that hydrocarbons were ‘national Iraqi property.’ That is, oil and gas would remain in the public sector.” [The 15th of the month used for date sorting purposes only.]

 – Dilip Hiro, “How Bush’s Iraqi Oil Grab Went Awry,” The Nation, Sep. 26, 2007

Categorised in:

Comments are closed here.