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Western Oil Companies Back in Iraq With Unusual Contracts
Thirty-six years after Saddam Hussein nationalized oil and kicked out Western companies, Iraq's Oil Ministry has awarded Exxon Mobil, Shell, Total, and BP contracts set to bring the oil giants back.
Despite the fact that high oil prices put these contracts in high demand, Iraq granted very unusual no-bid contracts, meaning the companies did not have to compete with their counterparts in China, Russia, and India. Today's New York Times explains:
There was suspicion among many in the Arab world and among parts of the American public that the United States had gone to war in Iraq precisely to secure the oil wealth these contracts seek to extract.
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Look of the Day: Going Gray
Going gray is not always such a bad thing, as bobandjoe proves with her greyscale outfit. She kept the mix from getting too monochrome by layering over a cute blue dress. Oh, and I'm a scarf fiend, so of course I love her fringed scarf!
Ashton Ashton Ashton
In honor of his movie making it to Number 1 this weekend, I thought I would highlight the most memorable parts of the Interview Magazine interview by Brad Pitt. They talked about the obvious topics like Ashton's upcoming movies, Guess Who (with Bernie Mac), and A Lot Like Love (with Amanda Peet), Demi, Hollywood, fame and religion. They actually spent way too much time talking about religion.Fiber
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Look of the Day: Wrap It Up
It's Winter break for knicoleg — lucky! This stylish chick, with cool red hair, mind you, decided to wrap it up and go out for a drink. With such striking hair, she can afford to keep her ensemble simple.
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Attention deficit hyperactivity disorder
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