Texas Oil Companies Bought Iraqi Oil
Reported by Marie Therese - October 10, 2004 -
N. Y. Times. Published October 9, 2004.
By Judith Miller and Eric Lipton
(Begin excerpt.) Major American oil companies and a Texas oil investor were among those who received lucrative vouchers that enabled them to buy Iraqi oil under the United Nations oil-for-food program, according to a report prepared by the chief arms inspector for the Central Intelligence Agency.
The 918-page report says that four American oil companies - Chevron, Mobil, Texaco and Bay Oil - and three individuals including Oscar S. Wyatt Jr. of Houston were given vouchers and got 111 million barrels of oil between them from 1996 to 2003. The vouchers allowed them to profit by selling the oil or the right to trade it.
The other individuals, whose names appeared on a secret list maintained by the former Iraqi government, were Samir Vincent of Annandale, Va., and Shakir al-Khafaji of West Bloomfield, Mich., according to the report by the inspector, Charles A. Duelfer. (End excerpt.)
To read the rest of the article go to N. Y. Times.
Comment
In my posting onJuly 30, 2004 I speculated that the REAL reason for the panic at FOX over the Oil for Food program had nothing to do with international politics, but arose from a fear (or foreknowledge) that the list of companies complicit in the Oil-for Food scandal contained the names of prominent American companies. It looks like the Duelfer report verifies my intuition.
