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...Department on June 23, is not heeded, the senators will try to cut off financing for as-yet-unspecified programmes in Iraq which are not directly in support of US troops.
The other senators include John Kerry of Massachusetts, the former presidential nominee who is a senior member of the Foreign Relations Committee; and Claire McCaskill of Missouri, who serves on the Armed Services Committee. The New York Times and International Herald Tribune reported reported in the previous week that the IOCs were in the latter stages of getting the TSAs.
The TSAs are modest in size but would grant the IOCs advantages in later bidding for much more lucrative agreements to exploit Iraq's richest oilfields. The letter says no deals should be signed, particularly without bidding, until Iraq enacts a law to regulate its petroleum industry. The letter adds: "It is our fear that this action by the Iraqi government could further deepen political tensions in Iraq and put our [US military] service members in even greater danger".
Sen. Schumer was on June 24 quoted as saying: "It's hard to believe. When this war started, one of the promises was: There'll be plenty of oil for everybody. Now it looks like you could end up with Iraq being one of these petro-feudal states with different factions warring for the oil". Sen. Kerry said:...
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