Iraq Oil Deal Gets Everybody's Attention (Hunt Oil)

[RamboLiberal]

Source: Washington Post

The oil deal signed between Hunt Oil and the government in Iraq's Kurdish region earlier this month has raised eyebrows, in no small part because it appears to undercut President Bush's hope that Iraq could draft national legislation to share revenue from the country's vast oil reserves. Making the deal more curious is that it was crafted by one of the administration's staunchest supporters, Ray Hunt.

Hunt, chief executive of the Dallas-based company, has been a major fundraiser and contributor to Bush's presidential campaigns. He also serves on the president's Foreign Intelligence Advisory Board, putting him close to the latest information developed by the nation's intelligence agencies.

If Hunt is signing regional oil deals in Iraq, critics ask, what does he know about the prospects for a long-stalled national oil law that others don't?

Since the deal was made public, it has drawn the ire of the Iraqi national government, which has called the agreement illegal.

It also has caught the eye of maverick Rep. Dennis Kucinich (D-Ohio), a member of the House Oversight and Government Reform Committee and a presidential candidate. He has called for a congressional investigation to probe the Bush administration's role in the deal as well as the implications for a national oil law in Iraq.



Read more: http://www.washingtonpost.com/wp-dyn/content/article/2007/09/23/AR2007092300778.html?hpid=topnews

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Wow - MSM finally finds this story! Gee, that story has been here, on progressive talk radio, and the Progressive blogs for a week or two already. And way to go Represenative Kucinich - hello Hillary, Barack, John and the rest of the Dem candidates - do you know about this story and are you speaking out about it yet? Maybe you have - it is tough to follow all the candidates every day.