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TexasTowelie

(126,254 posts)
Wed Jul 30, 2014, 04:57 PM Jul 2014

Why a Tanker of Kurdish Oil is Stranded by the Galveston Coast

Tensions between the government of Iraq and Kurds in the northern part of the country have once again reached a boiling point. Now, Baghdad is cutting off payments to Kurdistan, because of a controversy involving a tanker off the coast of Texas.

The semiautonomous region of Kurdistan has successfully exported several shipments of oil this year. Baghdad opposed those exports, claiming that the oil belongs to the Iraqi people, and the use of its natural resources should be decided by the central government. Most recently, Baghdad successfully filed for a court order to keep one million barrels of crude oil from being unloaded in Galveston.

The Texas Standard's David Brown recently spoke with Terry Wade, Houston Bureau Chief for Reuters about how the tanker came to be there in the first place.

&quot Kurdistan) wants to be able to independently export crude, because they need the money to finance their own ambitions to create an independent state," Wade explains. "The U.S.'s position is that the oil belongs to all Iraqis, and Kurdish independence might be bad for Iraq as a whole."

More at http://kut.org/post/why-tanker-kurdish-oil-stranded-galveston-coast .

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Why a Tanker of Kurdish Oil is Stranded by the Galveston Coast (Original Post) TexasTowelie Jul 2014 OP
Shit, all that blood and all that treasure and nothing's changed. NYC_SKP Jul 2014 #1
I wrote a reply a few weeks ago about the fact that oil contracts were being renewed in Iraq. DhhD Jul 2014 #2
 

NYC_SKP

(68,644 posts)
1. Shit, all that blood and all that treasure and nothing's changed.
Wed Jul 30, 2014, 05:26 PM
Jul 2014

I guess a handful of people are a hell of a lot wealthier for having dealt the arms and material for the wars, good for them.

DhhD

(4,695 posts)
2. I wrote a reply a few weeks ago about the fact that oil contracts were being renewed in Iraq.
Wed Jul 30, 2014, 07:45 PM
Jul 2014

This was the time that ISIS left Syria and came in to the Kurdish areas or North Iraq. So American oil companies renewed oil contracts with groups that controlled the oil fields, instead of with the government of Iraq. Kurdish leaders negotiated their own contracts instead of going through the central government of Iraq. The Kurds are expecting the money to be sent to them. The US is supporting the central government of Iraq (Baghdad). So is the oil sitting on the coast of Texas stolen by a US oil company from the Kurds? Or stolen from the Iraqi central government? Seizure in American waters can occur within how many days? By Texas?

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