U.S. Raises Value of Iraq Oil Repair Work

[Khephra]

snip........(not much here)

The Army Corps said the value of the work in the southern portion of the country could now go as high as $1.2 billion and the work in the north of Iraq could be as high as $800 million. Previously both contracts had a $500 million maximum value.

Award of the work, replacing a no-competition contract given to Halliburton subsidiary Kellogg Brown & Root in March, is expected to occur in the next 30 to 60 days, the Army Corps said.

http://reuters.com/newsArticle.jhtml?type=politicsNews&storyID=3714929

[7th_Sephiroth]

1. arent there

any conflict of interest laws?

[ixion]

2. uh-huh... ought to be interesting to see who gets the 'new' contracts....

anyone want to give odds on it being Haliburton? :eyes:

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[htuttle]

9. Are you building up your post count?

Or am I missing your message? (and I'm usually pretty good at that sort of thing).

[RedEarth]

3. Now why is that not surprising

As long as Halliburton is involved in Iraq, the money will continue to flow to them.