http://talkingpointsmemo.com/archives/053047.phpOil Buddies
An article in tomorrow's Times reports that the long-negotiated compromise which seemed to be leading towards an Iraqi oil law -- a key 'progress' benchmark -- has apparently collapsed. All gone down the drain.
The story though connects up with another one we told you about just a couple days ago -- the decision of the Kurdistan regional government to sign an oil exploration deal with Dallas-based Hunt Oil, run by Mr. Ray L. Hunt.
The Shia and Sunni leaders believe the Kurds are opting for a sort of oil secession that puts them outside the whole concept of a law to share the country's oil resources. And the Hunt deal is apparently the straw that broke the camel's back, shall we say.
But remember, Hunt, in addition to being the son of legendary Texas John Birch Society extremist H.L. Hunt, is also a pal of the president's. Indeed, President
Bush has twice appointed Hunt to his Foreign Intelligence Advisory Board. So while the president is striving to get the Iraqis to meet these benchmarks one of his own pals -- and more importantly, political appointees -- is busy helping to tear the whole thing apart.--Josh Marshall