The French War for Oil

From the NY Post:

In documents I obtained during an investigation of the French relationship to Saddam Hussein, the French interest in maintaining Saddam Hussein in power was spelled out in excruciating detail. The price tag: close to $100 billion. That was what French oil companies stood to profit in the first seven years of their exclusive oil arrangements - had Saddam remained in power.

The French claimed their opposition to the U.S.-led war to oust Saddam Hussein was all about policy. The editor of the Paris daily Le Monde, Jean-Marie Colombani, just resuscitated those arguments in an editorial that singled out George W. Bush as "a threat to the very foundation of the historical alliance between the U.S. and Europe," and called fervently for the election of John F. Kerry. (I guess that F now stands for France.)

But Colombani, whose paper's coverage of the war in Iraq was noteworthy for its wanton disregard for the truth, had not a word to say about his country's war for oil. Indeed, the secret deals the French state-owned oil companies negotiated in the 1990s with Saddam Hussein went widely unreported in France...

Iraq · Tue, 03/16/2004 - 23:12 · · Importance: 1