War for oil hasn't been too lucrative for American companies
(NEWSER) - If the Iraq war was fought for oil, it’s done little to enrich American oil companies, which are just now striking deals to service the country’s fields—and at far worse terms than they’d hoped. Most companies balked at Iraq’s initial service contract offers, refusing to bid in a June auction. But in the past month, many have swallowed their pride and inked nearly identical deals, the New York Times reports. More»
