Madam Speaker, I rise today to express deep concern about the administration's involvement in an oil deal announced on September 9, 2007, between the U.S. company Hunt Oil and the Kurdistan Regional Government. This oil deal appears to…
Madam Speaker, I rise today to express deep concern about the administration's involvement in an oil deal announced on September 9, 2007, between the U.S. company Hunt Oil and the Kurdistan Regional Government. This oil deal appears to benefit a large Republican donor and ally of President Bush and Vice President Cheney.
The recent oil deal between the U.S.-based Hunt Oil Company and the Kurdistan Regional Government raises numerous questions. Hunt Oil, a privately held oil company based in Texas, and its founder, Ray Hunt, have close ties to Vice President Cheney and are large donors to President Bush. The deal appears to undercut the goal of oil revenue sharing but is predictably consistent with the administration's attempt to privatize Iraqi oil assets.
This war is about oil. The Bush administration desires private control of Iraqi oil, but we have no right to force Iraq to give up their oil. We have no right to set preconditions for Iraq which lead Iraq to giving up control of their oil. The constitution of Iraq designates that the oil of Iraq is the property of all Iraqi people.
The Administration has misled Congress and the media into thinking that pending Iraqi oil legislation before Iraq's Parliament was about the fair distribution of oil revenue. But the Hunt Oil deal with Kurdistan exposes the real intent of that legislation, promotion of a privatization scheme.
The Hunt Oil deal with Kurdistan suggests the war has made foreign access to Iraqi oil a reality. Because the connections between Hunt Oil Company and the Bush administration are numerous, I have asked the Committee on Oversight and Government Reform to investigate Hunt Oil's ties to the Bush Administration and Halliburton.
The contract between Hunt Oil and Kurdistan would be the first of its kind in the Middle East where oil has been nationalized for decades and foreign oil companies have had no presence. The lack of consensus on how to manage the Iraqi oil resources suggests that the Hunt Oil Company deal could lead to greater instability within Iraq.
I have sent a letter to Secretary of State Condoleezza Rice urging an immediate investigation into the implications of the Hunt Oil Company's recent production sharing agreement for petroleum exploration with Kurdistan on U.S. and Iraqi national security.
Congress should put a stop to the outrageous exploitation of a nation already in shambles due to U.S. intervention. I will soon introduce legislation to prevent all U.S. companies from gaining financial interests in Iraq's oil resources. I hope my colleagues will join me to ensure that the people of Iraq are not made to endure greater suffering and injustice that has already occurred because of this illegal and unjust war.
Congress of the United States,
House of representatives,
September 18, 2007.
Hon. Condoleezza Rice,
Secretary of State, Department of State, Washington, DC.
Dear Secretary Rice: To assure the national security of the
U.S. and Iraq I urge an immediate investigation into Hunt Oil
Company's recent production sharing agreement for petroleum
exploration with Kurdistan. The Iraq Central Government
reportedly considers this agreement illegitimate. As such, a
thorough investigation assessing the threat posed by the
agreement to U.S. and Iraqi national security interests
should be conducted promptly.
The Constitution of Iraq designates that the oil of Iraq is
the property of all Iraqi people. Thus, it is unsurprising
that the Iraqi Central Government believes that the oil
production sharing agreement between Hunt Oil Company and the
Kurdistan Regional Government (KRG) is illegal. The agreement
is reportedly based on oil law passed by the KRG and is the
subject of much legal debate. The lack of consensus on how to
manage the Iraqi oil resources suggest that the Hunt Oil
Company deal could lead to greater instability within Iraq.
As you are undoubtedly aware, the contract between Hunt Oil
and the KRG would be the first of its kind in the Middle East
where oil has been nationalized for decades. Foreign oil
companies have had no presence in the Middle East for
decades. The legality
of this matter is of obvious importance to the people of Iraq
who have a constitutional right to the oil resources of Iraq.
Furthermore, close ties between Hunt Oil Company and the
Administration's top officials coupled with this precedent
setting agreement appears morally debased. The following will
assist in clarifying this connection: Ray Hunt, CEO of Hunt
Oil Company, was twice appointed to a seat on the President's
Foreign Intelligence Advisory Board (PFIAB). Mr. Hunt raised
campaign funds for President George H.W. and George W. Bush.
He also personally donated $20,000 to the Republican National
Committee's Victory Fund for the current President Bush. Ray
Hunt gave $100,000 toward the 2001 Bush inaugural
festivities and one of his corporations, Hunt
Consolidated, gave another $250,000 toward the Bush 2005
presidential inaugural gala. In addition, Ray Hunt donated
$35 million toward the Bush library/think tank to secure
additional property for the project.
This unmatched deal struck by the Hunt Oil Company coupled
with the company's ties to the administration could be viewed
as hostile to the interests of Iraq amidst growing knowledge
of Iraqi opposition to privatization and sale of Iraq's
national oil reserves.
Your investigation should address how the agreement will
affect Iraqi public sentiment toward the Iraqi and U.S.
governments, insurgent efforts, the stability of Iraq and the
stated goals of U.S. policy to bring peace and stability to
the region.
I look forward to your timely response and the conclusions
of your investigation.
Sincerely,
Dennis J. Kucinich,
Member of Congress.