While the Bush administration has repeatedly claimed that the war in Iraq is not about oil, U.S. oil corporations are poised to take control over the 115 billion barrels of known oil reserves – 10 percent of the world total. The Bush administration’s proposed new oil law for Iraq, set to go before Iraq’s Parliament, would transform Iraq’s oil industry from a nationalized model to a commercial model that is much more open to U.S. corporate control. Its provisions allow much (if not most) of Iraq’s oil revenues to flow out of Iraq and into the pockets of international oil companies.

At the Nobel Women’s Initiative’s First International Conference women from the US and Iraq educated participants on the perils of this proposed law and the Nobel Peace Prize laureates signed a statement In Opposition to the Iraq Oil Law.

TAKE ACTION

Sign the petition against the Iraq Oil Law here.If you are in the US, send a letter to your Congressional representatives via Oil Change International’s Action Tool

If you are in the UK, contact your MP through Hands off Iraqi Oil

LEARN MORE

• Oil Change International Iraq Oil Law page
• Hands off Iraqi Oil
• Stop the Iraqi Oil Law
• The Bush Agenda
• The Organization of Women’s Freedom in Iraq
• Who’s Oil Is It, Anyway? by Antonia Juhasz, printed in the New York Times