Targeting the New Iraq Oil Law in San Francisco

Antonia Juhasz, visiting scholar at the Institute for Policy studies and author of the excellent history "The Bush Agenda: Invading the World, One Economy at a Time," recently wrote that if passed, "the new law would go a long way toward helping the oil companies achieve their goal... transforming Iraq's oil industry from a nationalized model closed to American oil companies except for limited (although highly lucrative) marketing contracts, into a commercial industry, all-but-privatized, that is fully open to all international oil companies."

Demonstrators wearing cut-out faces of CEOs Rex Tillerson of Exxon Mobil and John Browne of BP exulted in the war helping their companies secure access to more petroleum. Nearby, a seemingly over-caffeinated Dick Cheney waved a sign with a large Chevron logo which said "This War Has Nothing to Do With Oil" and danced to appropriate numbers blaring from a nearby boombox, including "Celebration," "Money (That's What I Want)," and "Fight For Your Right (to Party)." (In a 1999 speech to the Institute of Petroleum in London, Cheney, then CEO of oil services company Halliburton, said: "By 2010 we will need on the order of an additional fifty million barrels a day. So where is the oil going to come from? [] The Middle East, with two thirds of the world's oil and the lowest cost, is still where the prize ultimately lies.")

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