Kucinich: “Support the Iraqi Desire to Keep its own Oil Revenue”

For Immediate Release

Kucinich: “Support the Iraqi Desire to Keep its own Oil Revenue”

Rejects Bush’s Logic Iraqi Oil is Necessary to Protect National Security

WASHINGTON - Following a declaration by President Bush that he would like the U.S. to have the ability to control Iraq's oil, Congressman Dennis Kucinich (D-OH) today sent a letter to Members of Congress calling on his colleagues to co-sponsor H.R. 6710, the Oil for Iraq Liberation Act of 2008 which prohibits U.S.-based oil companies from owning, financing or controlling the petroleum resources of Iraq.

Congressman Kucinich renewed his call for support of the O.I.L. Act after President Bush issued a signing statement last week that rejected a provision in S. 3001, the Duncan Hunter Defense Authorization Act, that ensured that funds would not be used "[t]o exercise United States control of oil resources in Iraq." President Bush asserted in the signing statement that the provision would inhibit his constitutional authority to "protect national security" or "conduct diplomatic negotiations."

"The nations of the Middle East have chosen for decades to nationalize their oil resources. Iraq has committed to continuing this practice by constitutionally guaranteeing that the oil and gas resources of Iraq are owned by all the people of Iraq. That is their sovereign right, and the United States must support the Iraqi desire to keep its own oil revenue. Since the President has shown he doesn't respect Iraq's sovereign rights, Congress must pass H.R. 6710, and stop U.S. companies and individuals from profiting off of Iraq's oil revenues," stated Kucinich.

 The full text of the letter follows:

U.S. to Control Iraq's Oil?

October 22, 2008

Dear Colleague:

Recently President Bush issued a signing statement rejecting a provision in S. 3001, the Duncan Hunter Defense Authorization Act. The provision Mr. Bush rejected ensured that funds would not be used "[t]o exercise United States control of the oil resources of Iraq." The President's assertion in the signing statement that the provision would inhibit his constitutional authority to "protect national security" or "conduct diplomatic negotiations" is misguided.

Handling of Iraq's petroleum resources is a controversial issue. The Iraqi Parliament has long been unable to come to a consensus on Iraq's "Hydrocarbon Act" and there are many differing opinions on how to ensure equitable distribution of the resources amongst Iraqis. As a sovereign nation, Iraq must control and make decisions about its own resources without U.S. interference. Control of Iraq's oil resources by the U.S. government would fuel suspicions around the world that the occupation of Iraq has been solely to ensure U.S. interests in Iraq's petroleum resources. Moreover, it will continue to promote mistrust among the citizens of Iraq by reinforcing the belief among Iraqis that waging the Iraq war was about U.S. oil interests. This will undoubtedly promote ill will toward the U.S., and diminishes the safety of our troops and our standing within the global community. U.S. control of Iraq's oil resources serves to make our nation less safe, undercuts diplomacy and undermines U.S. foreign policy by depriving Iraqis of their constitutionally guaranteed right to their own resources.

I encourage you to join me as a cosponsor of H.R. 6710, the Oil for Iraq Liberation Act of 2008. This important bill prevents U.S. based oil companies from development of and investment in the petroleum resources of Iraq. Absent any legislation, oil companies like Halliburton and Exxon-Mobil could reap billions of dollars from Iraqi oil privatization.

The nations of the Middle East have chosen for decades to nationalize their oil resources, thus shutting out foreign oil companies. Iraq has committed to continue this practice by constitutionally guaranteeing that the oil and gas resources of Iraq are owned by all the people of Iraq. The United States must support the Iraqi desire to keep its own oil revenue. H.R. 6710 will stop U.S. companies and individuals from profiting off of Iraq's oil revenues and ensure that this money remains in the hands of the Iraqi people.

Sincerely,

/S/

Dennis J. Kucinich

Member of Congress

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