I thought no American Oil company profited of the Iraq War?

[4eyedwillie]

There's only a couple of refineries that can use the "dirty" crude...my wife works for one here in Dallas. Their refineries are in Tulsa and New Mexico...not in the gulf.

The majority of the dirty crude refineries are on the east coast, I didn't know about the 1 here. If the refineries are here why is the pipeline going all the way to the coast? An extra 300 miles of pipeline would be pretty expensive for very little benifit if the refineries are in Dallas and Tulsa.

[Forever_frost]

My point in making the post is that not too long ago Frost and others (including you I believe) Were trying to beat me up (online) saying that American oil companies had not made a dime of profit off the Iraq war. Now it turns out that Exxon is in charge of one of the biggest fields....

Actually, I have said (and I know it, because I have this discussion a lot) that we didn't go to war for oil. And if I had beat you up, typing would be difficult.

[Forever_frost]

Those who claim that the U.S. invaded Iraq in 2003 to get control of the country's giant oil reserves will be left scratching their heads by the results of last weekend's auction of Iraqi oil contracts: Not a single U.S. company secured a deal in the auction of contracts that will shape the Iraqi oil industry for the next couple of decades. Two of the most lucrative of the multi-billion-dollar oil contracts went to two countries which bitterly opposed the U.S. invasion — Russia and China — while even Total Oil of France, which led the charge to deny international approval for the war at the U.N. Security Council in 2003, won a bigger stake than the Americans in the most recent auction. "[The distribution of oil contracts] certainly answers the theory that the war was for the benefit of big U.S. oil interests," says Alex Munton, Middle East oil analyst for the energy consultancy Wood Mackenzie, whose clients include major U.S. companies. "That has not been demonstrated by what has happened this week."

http://www.time.com/time/world/article/0,8599,1948787,00.html

[Trip McNeely]

The majority of the dirty crude refineries are on the east coast, I didn't know about the 1 here. If the refineries are here why is the pipeline going all the way to the coast? An extra 300 miles of pipeline would be pretty expensive for very little benifit if the refineries are in Dallas and Tulsa.

It's CUSHING, and its the crossroads of the pipelines in America. They can be sent anywhere east or west from there.

[DON SVO]

Those who claim that the U.S. invaded Iraq in 2003 to get control of the country's giant oil reserves will be left scratching their heads by the results of last weekend's auction of Iraqi oil contracts: Not a single U.S. company secured a deal in the auction of contracts that will shape the Iraqi oil industry for the next couple of decades. Two of the most lucrative of the multi-billion-dollar oil contracts went to two countries which bitterly opposed the U.S. invasion — Russia and China — while even Total Oil of France, which led the charge to deny international approval for the war at the U.N. Security Council in 2003, won a bigger stake than the Americans in the most recent auction. "[The distribution of oil contracts] certainly answers the theory that the war was for the benefit of big U.S. oil interests," says Alex Munton, Middle East oil analyst for the energy consultancy Wood Mackenzie, whose clients include major U.S. companies. "That has not been demonstrated by what has happened this week."

http://www.time.com/time/world/artic...948787,00.html

Won't matter... He hasn't had shit to say since I threw the time frame of the Super Duper Evil Exxon oil contract up for his observation.

It has to suck when you stump grind for your boy Barry and realize he's the guy in charge when your arguments go south.

[Forever_frost]

I know he took off. Facts are stubborn things.

[Broncojohnny]

Iraq, like many countries, can't manage its own resources so they hire outside companies like Exxon to do it for them. I bet before the war Exxon was managing some of their fields for them.

The whole argument is fucking stupid. If you have a 401k plan then you probably profit from Exxon profiting.