Mission Accomplished: Big Oil’s Occupation of Iraq

The Bush administration’s covert plan to help energy companies steal Iraq’s oil could be just weeks away from fruition, and the implications are staggering: continued price-gouging by Big Oil, increased subjugation of the Iraqi people, more US troops in Iraq, and a greater likelihood for a US invasion of Iran.

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But Bush & Co. and their Big Oil cronies might have found a simple yet devious solution: production sharing agreements (PSAs).

Here’s how PSAs work.

Buzz Flash