Monday, April 26, 2010

Who is building the Oil pipeline that runs through Afghanistan?

http://www.lewrockwell.com/orig/sardi7.h鈥?/a>


http://www.ringnebula.com/Oil/Timeline.h鈥?/a>


http://www.ratical.org/ratville/CAH/oilw鈥?/a>


http://en.wikipedia.org/wiki/Afghanistan鈥?/a>


http://en.wikipedia.org/wiki/Trans-Afgha鈥?/a>Who is building the Oil pipeline that runs through Afghanistan?
Unical was the first ';post-Taliban'; company to sign any oil contract with Afghanistan. The contract gave them sole rights basically to any oil that comes from Afghanistan or passes through Afghanistan.





The merger of Conoco, Phillips, and Unical forced Afghanistan to retool their contract with Unical, since it no longer existed. In light of the fact that Unical's operations in Afghanistan presented them with a net loss in revenue in FY 2002, 2003, and 2004, no US company was openly interested in pursuing a new contract with Afghanistan.





This presented a unique problem for the Bush administration. They had promised the political leaders of the new Afghan government that US companies would be very interested in doing business with them. Now that this was no longer true, the Bush administration had to get creative.





Their plan was to place the responsibility on the Department of Defense. Considering the threat of sabotage to oil operations in Afghanistan, this wasn't an unreasonable proposition. The DOD was well funded and had several contractors that would salivate at the prospect.





Thus began the bidding process for oil contracts in Afghanistan. The plan worked well, the oil companies jumped right back on board. Since they were paid contracts, US oil companies were free to enter the Afghan oil market without the threat of a loss of revenue.





Which brings us to today. Several US oil companies work directly with the Afghan government. Since the current contracts are official Afghan state business, this information is not made public. This is to alleviate the threat that Afghan extremists may pose to US oil company employees. This information is only available to a select number of shareholders in these companies.





To our possible detriment, many of these shareholders are Saudi's. In some cases, even the Saudi royal family themselves.
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