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This made me laff
Once Iraq is liberated, who’ll control their massive oil assets? New York Times columnist Bob Herbert asks this question, and cites the Wall Street Journal — who you figure ought to know — to provide a few clues:
It’s not unpatriotic to say that there are billions of dollars to be made in Iraq and that the gold rush is already under way. It’s simply a matter of fact.
Back in January, an article in The Wall Street Journal noted: “With oil reserves second only to Saudi Arabia’s, Iraq would offer the oil industry enormous opportunity should a war topple Saddam Hussein. But the early spoils would probably go to companies needed to keep Iraq’s already rundown oil operations running, especially if facilities were further damaged in a war. Oil-services firms such as Halliburton Co., where Vice President Dick Cheney formerly served as chief executive, and Schlumberger Ltd. are seen as favorites for what could be as much as $1.5 billion in contracts.”
Indeed, Halliburton division Kellog Brown & Root has already won a Pentagon contract to assess and rehabilitate any war-related damage to Iraq’s oil infrastructure. It probably makes sense to hire them, though; they’ve been working alongside Saddam Hussein for years, as a quick glance through the financial pages showed a reporter for the Village Voice:
Halliburton goes back a long ways in Iraq, providing Saddam with equipment to repair his antiquated oil machinery. According to a Financial Times report in 2000 the business was done through consortia and overseas subsidiaries “to avoid straining relations with Washington and jeopardizing their ties with President Saddam Hussein’s government in Baghdad.”
I'm Clive Thompson, a writer on science, technology, and culture. This blog collects bits of offbeat research I'm running into, and musings thereon.
Currently, I'm a contributing writer for the New York Times Magazine and a columnist for Wired magazine. I also write for Fast Company and Wired magazine's web site, among other places. Email or AOL IM me (pomeranian99) to say hi or send in something strange!
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» visit the Collision Detection archives
September 26, 2008 » 01:57 PM
From an interview with ethnobotanist and anthropologist Wade Davis:
One of the cultures you celebrate in Light at the Edge of the World is the Inuit. What do you most admire about them?
Davis: The Inuit didn’t fear the cold; they took advantage of it. During the 1950s the Canadian government forced the Inuit into settlements. A family from Arctic Bay told me this fantastic story of their grandfather who refused to go. The family, fearful for his life, took away all of his tools and all of his implements, thinking that would force him into the settlement. But instead, he just slipped out of an igloo on a cold Arctic night, pulled down his caribou and sealskin trousers, and defecated into his hand. As the feces began to freeze, he shaped it into the form of an implement. And when the blade started to take shape, he put a spray of saliva along the leading edge to sharpen it. That’s when what they call the “shit knife” took form. He used it to butcher a dog. Skinned the dog with it. Improvised a sled with the dog’s rib cage, and then, using the skin, he harnessed up an adjacent living dog. He put the shit knife in his belt and disappeared into the night.
September 25, 2008 » 11:21 AM
“Video from a camp north of Toronto in December 2005 shows a car spinning around in a nearby, snow-covered parking lot. Prosecutors characterized that as special driver training but the defense, and many outsiders, said it was nothing more than “cutting doughnuts,” a favorite winter pastime of young Canadian motorists.” - A key piece of evidence submitted in the trial of a gang of alleged young Canadian terrorists.
September 24, 2008 » 11:21 PM
“Life imitates art imitating life: just thought a gnat crawling across my monitor was part of a Flash-based ad. I clicked it.” - A Tweet from Bill Braine.
September 24, 2008 » 02:37 PM
“Funniest FB friend request ever: “Twitter friend hoping to get to second base (Facebook!) ;-).”” - A recent Tweet by Pistachio
September 24, 2008 » 12:28 PM
Chinese powdered-milk crisis creates a new market: The return of the wet nurse
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