Home > Economics, Middle East, Politics > Iraqi Oil: A Benchmark or a Giveaway?

Iraqi Oil: A Benchmark or a Giveaway?

David Bacon writes in the American Prospect:

A strike by Iraqi oil workers in early June threw into question the conditions that some in the U.S. Congress would place on ending the U.S. occupation of Iraq. At the same time, Iraqi nationalists have grown more vocal in their accusations that the occupation itself has an economic agenda, centered on seizing control of the country’s oil.

Across the political spectrum in Washington, many now demand that the Maliki government meet certain benchmarks, which presumably would show that it’s really in charge in Iraq. But there’s a particular problem with the most important benchmark that the Iraqi government is being pressured to meet: the oil law. The problem is, in Iraq, it may be the single most unpopular measure the United States is trying to get the government to enact.

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