Toronto Star Dec. 17, 2006. 01:00 AM
Advising the Bush administration on how to deal with the Iraq fiasco, the report of the bipartisan Iraq Study Group urges the president to clarify that Washington does not seek to control Iraq's oil.
It then gets down to business and sets out exactly how Washington should take control of Iraq's oil.
The report calls for Iraq to pass a Petroleum Law — to be drafted with U.S. help — that would allow foreign oil companies to develop Iraq's vast and largely undeveloped oil reserves (which, the report notes, are the second-largest in the world).
It's hard not to feel exasperated reading the report. Released in the wake of the Republican trouncing ....full text