And John Kerry Was Almost Elected President? (Why China Is Doing Oil Stuff In Iraq)

This is maddening!!!

From the Anchoress

Speaking of asking questions, what the deuce is this and who does our Senate work for?

…three US Senators killed an Iraqi deal with US oil firms to develop part of their industry. And in so doing, the door was opened for China to seize the contracts instead. It’s maddening, and on par with the logic of watching Chinese oil companies drill for oil and gas resources just off the Florida coast and not us.

The Iraqi government was poised to sign no-bid contracts with those firms this summer to help make immediate and needed improvements in Iraq’s oil infrastructure. The result would have been significant foreign investment in Iraq, an expansion of Iraqi government revenues, and an increase in the global supply of oil. One would have thought that leading Democratic senators who claim to be interested in finding other sources of funding to replace American dollars in Iraq, in helping Iraq spend its own money on its own people, and in lowering the price of gasoline for American citizens, would have been all for it. Instead, Senators Chuck Schumer, John Kerry, and Claire McCaskill wrote a letter to Secretary of State Rice asking her “to persuade the GOI [Government of Iraq] to refrain from signing contracts with multinational oil companies until a hydrocarbon law is in effect in Iraq.” The Bush administration wisely refused to do so, but the resulting media hooraw in Iraq led to the cancellation of the contracts, and helps to explain why Iraq is doing oil deals instead with China.

Really, who do they work for? I am confused.

I agree I am confused too.