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Iraqi Parliament Won't Accept US-Written Oil Law

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Iraqis Resist US Pressure to Enact Oil Law


By Tina Susman
The Los Angeles Times
Sunday 13 May 2007

Foreign investment and Shiite control are the primary concerns. A White House deadline for passage is in doubt.

Baghdad - It has not even reached parliament, but the oil law that U.S. officials call vital to ending Iraq's civil war is in serious trouble among Iraqi lawmakers, many of whom see it as a sloppy document rushed forward to satisfy Washington's clock.

Opposition ranges from vehement to measured, but two things are clear: The May deadline that the White House had been banking on is in doubt. And even if the law is passed, it fails to resolve key issues, including how to divide Iraq's oil revenue among its Shiite, Kurdish and Sunni regions, and how much foreign investment to allow. Those questions would be put off for future debates.

… snip…

See Full Story…
http://www.truthout.org/docs_2006/051407C.shtml
http://www.latimes.com/news/la-fg-oil13may13,1,2313008.story

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