Author: Erin Banco
Publisher:
ISBN: 9780997722949
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0
Book Description
"A fascinating and revealing dive into the murky world of oil contracts that shape power and politics in Iraq." -- Loveday Morris, The Washington Post Jerusalem bureau chief Iraq sits on top of more than 140 billion barrels of oil, making it the owner of the world's fifth largest reserves. When the United States invaded in 2003, the Bush Administration promised that oil revenue would be used to rebuild and democratize the country. But fifteen years later, those dreams have been shattered. The Iraqi economy has flatlined, millions of people are internally displaced, and international institutions have had to provide billions of dollars in assistance to the country every year. Where did all the oil revenue go? Reporter Erin Banco traveled to oil-rich Iraqi Kurdistan--an autonomous region that holds, according to the regional government, some 45 billion barrels of crude--to uncover how widespread corruption, tribal cronyism, kickbacks to political parties, and the war with ISIS have contributed to the plundering of Iraq's oil wealth. The region's economy and political stability have been on the brink of collapse, and local people are suffering. Based on court documents and on exclusive interviews with sources who have investigated energy companies and their dealings with government officials, Pipe Dreams is a cautionary tale that reveals how the dream of an oil-financed, American-style democracy in Iraqi Kurdistan now looks like a completely unrealistic fantasy.
Pipe Dreams
Author: Erin Banco
Publisher:
ISBN: 9780997722949
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0
Book Description
"A fascinating and revealing dive into the murky world of oil contracts that shape power and politics in Iraq." -- Loveday Morris, The Washington Post Jerusalem bureau chief Iraq sits on top of more than 140 billion barrels of oil, making it the owner of the world's fifth largest reserves. When the United States invaded in 2003, the Bush Administration promised that oil revenue would be used to rebuild and democratize the country. But fifteen years later, those dreams have been shattered. The Iraqi economy has flatlined, millions of people are internally displaced, and international institutions have had to provide billions of dollars in assistance to the country every year. Where did all the oil revenue go? Reporter Erin Banco traveled to oil-rich Iraqi Kurdistan--an autonomous region that holds, according to the regional government, some 45 billion barrels of crude--to uncover how widespread corruption, tribal cronyism, kickbacks to political parties, and the war with ISIS have contributed to the plundering of Iraq's oil wealth. The region's economy and political stability have been on the brink of collapse, and local people are suffering. Based on court documents and on exclusive interviews with sources who have investigated energy companies and their dealings with government officials, Pipe Dreams is a cautionary tale that reveals how the dream of an oil-financed, American-style democracy in Iraqi Kurdistan now looks like a completely unrealistic fantasy.
Publisher:
ISBN: 9780997722949
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0
Book Description
"A fascinating and revealing dive into the murky world of oil contracts that shape power and politics in Iraq." -- Loveday Morris, The Washington Post Jerusalem bureau chief Iraq sits on top of more than 140 billion barrels of oil, making it the owner of the world's fifth largest reserves. When the United States invaded in 2003, the Bush Administration promised that oil revenue would be used to rebuild and democratize the country. But fifteen years later, those dreams have been shattered. The Iraqi economy has flatlined, millions of people are internally displaced, and international institutions have had to provide billions of dollars in assistance to the country every year. Where did all the oil revenue go? Reporter Erin Banco traveled to oil-rich Iraqi Kurdistan--an autonomous region that holds, according to the regional government, some 45 billion barrels of crude--to uncover how widespread corruption, tribal cronyism, kickbacks to political parties, and the war with ISIS have contributed to the plundering of Iraq's oil wealth. The region's economy and political stability have been on the brink of collapse, and local people are suffering. Based on court documents and on exclusive interviews with sources who have investigated energy companies and their dealings with government officials, Pipe Dreams is a cautionary tale that reveals how the dream of an oil-financed, American-style democracy in Iraqi Kurdistan now looks like a completely unrealistic fantasy.
Iraq and the Politics of Oil
Author: Gary Vogler
Publisher: University Press of Kansas
ISBN: 0700625062
Category : History
Languages : en
Pages : 328
Book Description
Was the Iraq war really about oil? As a senior oil advisor for the Office for Reconstruction and Humanitarian Assistance (ORHA) and briefly as minister of oil, Gary Vogler thought he knew. But while doing research for a book about his experience in Iraq, Vogler discovered that what he knew was not the whole story—or even the true story. The Iraq war did have an oil agenda underlying it, one that Vogler had previously denied. This book is his attempt to set the record straight. Iraq and the Politics of Oil is a fascinating behind-the-scenes account of the role of the US government in the Iraqi oil sector since 2003. Vogler describes the prewar oil planning and the important decisions made during hostilities to get Iraqi oil flowing several months ahead of schedule. He reveals how, amid the instability of 2006 (largely fueled by the arrogance of early US decisions), the fixing of the Bayji Refinery contributed significantly to the success of the oil sector in the Sunni part of northern Iraq during and after the surge. Vogler gives us an expert insider’s view of the largest oilfield auctions in the history of the international oil industry, and his account shows how US Forces’ focus on a single Iraqi point of failure in 2007 was a primary factor in the record productions and exports of 2012 through 2017. But under the successes so deftly chronicled here, a darker political narrative finally emerges, one that reaches back to the decision to go to war with Iraq. Uncovering it, Vogler revises our understanding of what we were doing in Iraq, even as he gives us a critical, close-up view of that fraught enterprise.
Publisher: University Press of Kansas
ISBN: 0700625062
Category : History
Languages : en
Pages : 328
Book Description
Was the Iraq war really about oil? As a senior oil advisor for the Office for Reconstruction and Humanitarian Assistance (ORHA) and briefly as minister of oil, Gary Vogler thought he knew. But while doing research for a book about his experience in Iraq, Vogler discovered that what he knew was not the whole story—or even the true story. The Iraq war did have an oil agenda underlying it, one that Vogler had previously denied. This book is his attempt to set the record straight. Iraq and the Politics of Oil is a fascinating behind-the-scenes account of the role of the US government in the Iraqi oil sector since 2003. Vogler describes the prewar oil planning and the important decisions made during hostilities to get Iraqi oil flowing several months ahead of schedule. He reveals how, amid the instability of 2006 (largely fueled by the arrogance of early US decisions), the fixing of the Bayji Refinery contributed significantly to the success of the oil sector in the Sunni part of northern Iraq during and after the surge. Vogler gives us an expert insider’s view of the largest oilfield auctions in the history of the international oil industry, and his account shows how US Forces’ focus on a single Iraqi point of failure in 2007 was a primary factor in the record productions and exports of 2012 through 2017. But under the successes so deftly chronicled here, a darker political narrative finally emerges, one that reaches back to the decision to go to war with Iraq. Uncovering it, Vogler revises our understanding of what we were doing in Iraq, even as he gives us a critical, close-up view of that fraught enterprise.
Why Did the United States Invade Iraq?
Author: Jane K. Cramer
Publisher: Routledge
ISBN: 1136641505
Category : Political Science
Languages : en
Pages : 291
Book Description
This edited volume presents the foremost scholarly thinking on why the US invaded Iraq in 2003, a pivotal event in both modern US foreign policy and international politics. In the years since the US invasion of Iraq it has become clear that the threat of weapons of mass destruction was not as urgent as the Bush administration presented it and that Saddam Hussein was not involved with either Al Qaeda or 9/11. Many consider the war a mistake and question why Iraq was invaded. A majority of Americans now believe that the public were deliberately misled by the Bush administration in order to bolster support for the war. Public doubt has been strengthened by the growing number of critical scholarly analyses and in-depth journalistic investigations about the invasion that suggest the administration was not candid about its reasons for wanting to take action against Iraq. This volume begins with a survey of private scholarly views about the war’s origins, then assesses the current state of debate by organising the best recent thinking by foreign policy and international relations experts on why the US invaded Iraq. The book covers a broad range of approaches to explaining Iraq – the role of the uncertainty of intelligence, cognitive biases, ideas, Israel, and oil, highlighting areas of both agreement and disagreement. This book will be of much interest to students of the Iraq War, US foreign and security policy, strategic studies, Middle Eastern politics and IR/Security Studies in general.
Publisher: Routledge
ISBN: 1136641505
Category : Political Science
Languages : en
Pages : 291
Book Description
This edited volume presents the foremost scholarly thinking on why the US invaded Iraq in 2003, a pivotal event in both modern US foreign policy and international politics. In the years since the US invasion of Iraq it has become clear that the threat of weapons of mass destruction was not as urgent as the Bush administration presented it and that Saddam Hussein was not involved with either Al Qaeda or 9/11. Many consider the war a mistake and question why Iraq was invaded. A majority of Americans now believe that the public were deliberately misled by the Bush administration in order to bolster support for the war. Public doubt has been strengthened by the growing number of critical scholarly analyses and in-depth journalistic investigations about the invasion that suggest the administration was not candid about its reasons for wanting to take action against Iraq. This volume begins with a survey of private scholarly views about the war’s origins, then assesses the current state of debate by organising the best recent thinking by foreign policy and international relations experts on why the US invaded Iraq. The book covers a broad range of approaches to explaining Iraq – the role of the uncertainty of intelligence, cognitive biases, ideas, Israel, and oil, highlighting areas of both agreement and disagreement. This book will be of much interest to students of the Iraq War, US foreign and security policy, strategic studies, Middle Eastern politics and IR/Security Studies in general.
Fuel on the Fire
Author: Greg Muttitt
Publisher: New Press, The
ISBN: 1595588221
Category : History
Languages : en
Pages : 433
Book Description
The departure of the last U.S. troops from Iraq at the end of 2011 left a broken country and a host of unanswered questions. What was the war really about? Why and how did the occupation drag on for nearly nine years, while most Iraqis, Britons, and Americans desperately wanted it to end? And why did the troops have to leave? Now, in a gripping account of the war that dominated U.S. foreign policy over the last decade, investigative journalist Greg Muttitt takes us behind the scenes to answer some of these questions and reveals the heretofore-untold story of the oil politics that played out through the occupation of Iraq. Drawing upon hundreds of unreleased government documents and extensive interviews with senior American, British, and Iraqi officials, Muttitt exposes the plans and preparations that were in place to shape policies in favor of American and British energy interests. We follow him through a labyrinth of clandestine meetings, reneged promises, and abuses of power; we also see how Iraqis struggled for their own say in their future, in spite of their dysfunctional government and rising levels of violence. Through their stories, we begin to see a very different Iraq from the one our politicians have told us about. In light of the Arab revolutions, the war in Libya, and renewed threats against Iran, Fuel on the Fire provides a vital guide to the lessons from Iraq and of the global consequences of America's persistent oil addiction.
Publisher: New Press, The
ISBN: 1595588221
Category : History
Languages : en
Pages : 433
Book Description
The departure of the last U.S. troops from Iraq at the end of 2011 left a broken country and a host of unanswered questions. What was the war really about? Why and how did the occupation drag on for nearly nine years, while most Iraqis, Britons, and Americans desperately wanted it to end? And why did the troops have to leave? Now, in a gripping account of the war that dominated U.S. foreign policy over the last decade, investigative journalist Greg Muttitt takes us behind the scenes to answer some of these questions and reveals the heretofore-untold story of the oil politics that played out through the occupation of Iraq. Drawing upon hundreds of unreleased government documents and extensive interviews with senior American, British, and Iraqi officials, Muttitt exposes the plans and preparations that were in place to shape policies in favor of American and British energy interests. We follow him through a labyrinth of clandestine meetings, reneged promises, and abuses of power; we also see how Iraqis struggled for their own say in their future, in spite of their dysfunctional government and rising levels of violence. Through their stories, we begin to see a very different Iraq from the one our politicians have told us about. In light of the Arab revolutions, the war in Libya, and renewed threats against Iran, Fuel on the Fire provides a vital guide to the lessons from Iraq and of the global consequences of America's persistent oil addiction.
Petrodollar Warfare
Author: William R. Clark
Publisher: New Society Pub
ISBN: 9780865715141
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Meticulously researched, this book examines US dollar hegemony and the unsustainable macroeconomics of 'petrodollar recycling', pointing out that issues underlying the Iraq war also apply to geostrategic tensions between the US and other countries including the member states of the EU, Iran, Venezuela and Russia. The author warns that without changing course, the American Experiments will end the way all empires end -- with military over-tension and subsequent economic decline. He recommends the multilateral pursuit of both energy and monentary reforms within a United Nations framework to create a more balanced global energy and monetary system -- thereby reducing the possibility of future oil and oil-currency related warfare.
Publisher: New Society Pub
ISBN: 9780865715141
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Meticulously researched, this book examines US dollar hegemony and the unsustainable macroeconomics of 'petrodollar recycling', pointing out that issues underlying the Iraq war also apply to geostrategic tensions between the US and other countries including the member states of the EU, Iran, Venezuela and Russia. The author warns that without changing course, the American Experiments will end the way all empires end -- with military over-tension and subsequent economic decline. He recommends the multilateral pursuit of both energy and monentary reforms within a United Nations framework to create a more balanced global energy and monetary system -- thereby reducing the possibility of future oil and oil-currency related warfare.
Iraq's Burdens
Author: Abbas Alnasrawi
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
Alnasrawi (economics, U. of Vermont) sketches the recent economic developments in Iraq, identifying the overriding importance of the oil sector and the economic sanctions imposed after the Gulf War as the twin burdens that together increase the suffering of the Iraqi people. He argues that the oil sector has been a driving force in the history and economy of the country and examines its development since the 1950s. He then explores the impact of the massive bombing campaign of the Gulf War in which the Americans utterly destroyed the infrastructure of the country. Finally the effects the sanctions have on Iraq's ability to rebuild its infrastructure are explored. Annotation copyrighted by Book News, Inc., Portland, OR.
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 200
Book Description
Alnasrawi (economics, U. of Vermont) sketches the recent economic developments in Iraq, identifying the overriding importance of the oil sector and the economic sanctions imposed after the Gulf War as the twin burdens that together increase the suffering of the Iraqi people. He argues that the oil sector has been a driving force in the history and economy of the country and examines its development since the 1950s. He then explores the impact of the massive bombing campaign of the Gulf War in which the Americans utterly destroyed the infrastructure of the country. Finally the effects the sanctions have on Iraq's ability to rebuild its infrastructure are explored. Annotation copyrighted by Book News, Inc., Portland, OR.
Oil and Democracy in Iraq
Author: Robert Springborg
Publisher: Saqi
ISBN: 0863568874
Category : Business & Economics
Languages : en
Pages : 81
Book Description
This is the first major study of the alternatives confronting Iraq as it seeks to rebuild its vital oil industry while simultaneously constructing a new political system. A key challenge facing the country is to allocate the revenues oil generates in a way that avoids economic and social instability. Reviewing the present status of the industry, the authors - including Clement Henry, Massoud Karshenas, Roger Owen, Mona Said and John Sfakianakis - use comparative analysis to suggest how it might best be rebuilt. Oil and Democracy in Iraq is an important and timely assessment of Iraq's oil industry. 'Springborg's observations help understand the current stalemate in (or failure) to define the legal and administrative setting needed to undertake a real reconstruction of the national oil industry.' -- Maritza Cricorian, Istituto Affari Internazionali 'This book is exemplary, setting forth clear alternatives, as well as cautionary tales from the experiences of other states, and indeed of Iraq itself in an earlier incarnation.' -- Charles Tripp, School of Oriental and African Studies
Publisher: Saqi
ISBN: 0863568874
Category : Business & Economics
Languages : en
Pages : 81
Book Description
This is the first major study of the alternatives confronting Iraq as it seeks to rebuild its vital oil industry while simultaneously constructing a new political system. A key challenge facing the country is to allocate the revenues oil generates in a way that avoids economic and social instability. Reviewing the present status of the industry, the authors - including Clement Henry, Massoud Karshenas, Roger Owen, Mona Said and John Sfakianakis - use comparative analysis to suggest how it might best be rebuilt. Oil and Democracy in Iraq is an important and timely assessment of Iraq's oil industry. 'Springborg's observations help understand the current stalemate in (or failure) to define the legal and administrative setting needed to undertake a real reconstruction of the national oil industry.' -- Maritza Cricorian, Istituto Affari Internazionali 'This book is exemplary, setting forth clear alternatives, as well as cautionary tales from the experiences of other states, and indeed of Iraq itself in an earlier incarnation.' -- Charles Tripp, School of Oriental and African Studies
Iraq's Oil and Gas Industry
Author: Janan Al-Asady
Publisher: Routledge
ISBN: 9781032241029
Category :
Languages : en
Pages : 248
Book Description
Oil, an integral part of the contemporary global economy, is considered a driving force behind the 2003 invasion of Iraq. Hydrocarbon reserves in Iraq have a significant role to play in global supply, with oil revenue accounting for more than 90% of Iraqi government income. This book provides a comprehensive insight into the key foundations of Iraq's oil industry and assists in the development of a core area of domestic law to promote economic recovery following years of instability. It addresses the development of oil legislation and the formation of contracts since the US and allied occupation of Iraq in 2003. Legislation is assessed against the framework of the constitution along with the different types of oil agreements and their terms. The book looks at three main aspects of oil legislation, beginning with the validity and interpretation of the constitution as any subsequent legislation governing oil policy will be based upon this. The work then discusses whether the draft oil and gas law of 2007 and any subsequent oil legislation, including the law implemented by the Kurdish Regional Government in 2007, is valid. Finally, the book analyses the legitimacy of oil agreements entered into by the central and regional governments and whether these contain terms beneficial to the state and contracting party. Providing an in-depth analysis of the origins and development of the legal framework of the oil industry in Iraq, the book acts as both a reference source and a springboard for future research across a range of legal, economic and policy perspectives. It will appeal to practitioners and academics working in energy law and international investment law, as well as policy-makers, legal advisors and those working in governments and energy companies.
Publisher: Routledge
ISBN: 9781032241029
Category :
Languages : en
Pages : 248
Book Description
Oil, an integral part of the contemporary global economy, is considered a driving force behind the 2003 invasion of Iraq. Hydrocarbon reserves in Iraq have a significant role to play in global supply, with oil revenue accounting for more than 90% of Iraqi government income. This book provides a comprehensive insight into the key foundations of Iraq's oil industry and assists in the development of a core area of domestic law to promote economic recovery following years of instability. It addresses the development of oil legislation and the formation of contracts since the US and allied occupation of Iraq in 2003. Legislation is assessed against the framework of the constitution along with the different types of oil agreements and their terms. The book looks at three main aspects of oil legislation, beginning with the validity and interpretation of the constitution as any subsequent legislation governing oil policy will be based upon this. The work then discusses whether the draft oil and gas law of 2007 and any subsequent oil legislation, including the law implemented by the Kurdish Regional Government in 2007, is valid. Finally, the book analyses the legitimacy of oil agreements entered into by the central and regional governments and whether these contain terms beneficial to the state and contracting party. Providing an in-depth analysis of the origins and development of the legal framework of the oil industry in Iraq, the book acts as both a reference source and a springboard for future research across a range of legal, economic and policy perspectives. It will appeal to practitioners and academics working in energy law and international investment law, as well as policy-makers, legal advisors and those working in governments and energy companies.
The Governor's Solution
Author: Todd Moss
Publisher: CGD Books
ISBN: 1933286709
Category : Business & Economics
Languages : en
Pages : 146
Book Description
Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. The Governor's Solution features his first-hand account that describes, with brutal honesty and piercing humour, the birth of the Alaska Permanent Fund dividend, which has been paid to each resident every year since 1982. Thirty years later, Hammond's vision is still influencing oil policies throughout the world. This reader, part of the Center for Global Development's Oil-to-Cash initiative, includes recent scholarly work examining Alaska's experience and how other oil-rich societies, particularly Iraq, might apply some of the lessons. It is as a powerful reminder that the combination of new ideas and determined individuals can make a tremendous difference --even in issues as seemingly complex and intractable as fighting the oil curse.
Publisher: CGD Books
ISBN: 1933286709
Category : Business & Economics
Languages : en
Pages : 146
Book Description
Reliance on natural resource revenues, particularly oil, is often associated with bad governance, corruption, and poverty. Worried about the effect of oil on Alaska, Governor Jay Hammond had a simple yet revolutionary idea: let citizens have a direct stake. The Governor's Solution features his first-hand account that describes, with brutal honesty and piercing humour, the birth of the Alaska Permanent Fund dividend, which has been paid to each resident every year since 1982. Thirty years later, Hammond's vision is still influencing oil policies throughout the world. This reader, part of the Center for Global Development's Oil-to-Cash initiative, includes recent scholarly work examining Alaska's experience and how other oil-rich societies, particularly Iraq, might apply some of the lessons. It is as a powerful reminder that the combination of new ideas and determined individuals can make a tremendous difference --even in issues as seemingly complex and intractable as fighting the oil curse.
Oil and National Identity in the Kurdistan Region of Iraq
Author: Alessandro Tinti
Publisher: Routledge
ISBN: 1000479595
Category : Business & Economics
Languages : en
Pages : 192
Book Description
Examining the interplay between the oil economy and identity politics using the Kurdistan Region of Iraq as a case study, this book tells the untold story of how extractivism in the Kurdish autonomous region is interwoven in a mosaic of territorial disputes, simmering ethnic tensions, dynastic rule, party allegiances, crony patronage, and divergent visions about nature. Since the ousting of Saddam Hussein, the de-facto borders of the Kurdistan Region of Iraq have repeatedly changed, with energy interests playing a major role in such processes of territorialisation. However, relatively little research exists on the topic. This book provides a timely, empirical analysis of the intersections between extractive industries, oil imaginaries, and identity formation in one of the most coveted energy frontiers worldwide. It shines a light on relations between the global production networks of petro-capitalism and extractive localities. Besides the strained federal relationship with the Iraqi central government, the transformative effects the petroleum industry has had on Kurdish society are also explored in depth. Moreover, the book fills a gap in the literature on Kurdish Studies, which has devoted scant attention to energy-related issues in the re-imagination of Kurdish self-determination. This book will be of great interest to students and scholars of the extractive industries, energy studies, conflict studies, Middle Eastern politics, and political ecology.
Publisher: Routledge
ISBN: 1000479595
Category : Business & Economics
Languages : en
Pages : 192
Book Description
Examining the interplay between the oil economy and identity politics using the Kurdistan Region of Iraq as a case study, this book tells the untold story of how extractivism in the Kurdish autonomous region is interwoven in a mosaic of territorial disputes, simmering ethnic tensions, dynastic rule, party allegiances, crony patronage, and divergent visions about nature. Since the ousting of Saddam Hussein, the de-facto borders of the Kurdistan Region of Iraq have repeatedly changed, with energy interests playing a major role in such processes of territorialisation. However, relatively little research exists on the topic. This book provides a timely, empirical analysis of the intersections between extractive industries, oil imaginaries, and identity formation in one of the most coveted energy frontiers worldwide. It shines a light on relations between the global production networks of petro-capitalism and extractive localities. Besides the strained federal relationship with the Iraqi central government, the transformative effects the petroleum industry has had on Kurdish society are also explored in depth. Moreover, the book fills a gap in the literature on Kurdish Studies, which has devoted scant attention to energy-related issues in the re-imagination of Kurdish self-determination. This book will be of great interest to students and scholars of the extractive industries, energy studies, conflict studies, Middle Eastern politics, and political ecology.