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Bush Eyes Oil Plan for Iraq

2007-01-09

President Bush has told lawmakers on Capitol Hill that he’ll be seeking to send at least 20,000 more troops to Iraq – an escalation that Democrats may resist. In addition to the troop surge, Bush may ask to equip the Iraqi military with humvees, armored personnel carriers and helicopters for the first time. Bush is expected to make his announcement tomorrow evening. As Bush’s military plans for Iraq push forward in the media spotlight, he’s also talking about political benchmarks for the Iraqis, including how to deal with their oil revenue. The Iraqi government is quietly considering a new law that will modify the country’s oil industry. The draft emphasizes the need for foreign investment and will grant oil companies with contracts up to 30 years. Host Aura Bogado spoke with Greg Muttitt, lead researcher at the British group Platform, a human rights and environmental group that monitors the oil industry, about the draft.

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