Tag: Ray L. Hunt

What Happened to the Oil Law “Benchmark” for Iraq?

I think you’ll remember the much discussed benchmark, the so-called “Oil Revenue Sharing Law”. President Bush has said that passage of the oil law will result in the sharing of oil revenue among all Iraqis and that its passage will help unify the country. The oil law has broad support in Congress among both democrats and republicans. The Iraq Study Group supports its passage as does the IMF.

The legislation of the new Iraqi Oil & Gas Law by the Iraqi parliament has become the most important benchmark of the US Administration, its oil lobbies, the IOCs, the IMF, and the occupying forces. The Bush administration wants this law to be passed as soon as possible, whatever the cost to the Iraqi people.


A year has passed since the landmark deadline of December 2006, for the Iraqi government to deliver the long awaited Iraqi oil law. The Iraqi Parliament has not passed it. Let’s take a look at what has happened.

Ray L. Hunt: Catalyst for Cataclysm

Why on earth have tensions suddenly escalated along the Turkish border with Iraq? Why have Kurdish PKK guerrillas been going out of their way in recent weeks to provoke a conflict with Turkish forces and draw the Turkish Army into a cross-border incursion into the Kurd-administered region of northern Iraq?

The most important clue may lie in the persona and actions of Ray L. Hunt, CEO of Hunt Consolidated, Inc., member of the Halliburton Board of Directors, Bush “Pioneer,” major Republican fund-raiser, and, oh, by the way, member of the President’s Foreign Intelligence Advisory Board (PFIAB).

Hunt is no mere peripheral bit player; he has donated $35 million to his alma mater, Southern Methodist University, for purchase of an apartment complex that seems destined to be the site of the Bush Presidential Library and possibiy an affiliated think tank (oxymoron alert).

In short, Ray L. Hunt is a poster boy for Republican, Texas Big Oil, crony capitalism.

Below the break let us ponder how Hunt appears to be a primary catalyst for cataclysm in the Middle East.