(Please excuse all spelling mistakes)
Current Iraq oil facts include:
1) current estimate is 3.5bn to rebuild/improve Iraq's oil infrastructure to reach maximum oil output.
2)original plans for Iraqi oil output miscaculated the looting factor and many of the pre existing parts for the Iraqi pipeline are missing
3) The Iraqi pipeline is a hodgepodge mixture of US,Russian, and Chinese parts
4) Original estimates of 41bn being the cost of Iraqi rebuilding have recently been inflated,(study done by Spanish Economic agency), Iraqi oil sales are now no longer considered sufficent for Iraq reconstruction. The US, has not formally asked, but has hinted strongly towards wanting French and German monies to rebuild Iraq.
5) a formal or intern self determined Iraqi government has been postponed, and the intern US lead government has gone through some turmoil. At the moment it is unknown wether the Iraqi oil fields will be privatized or kept nationalized. The top US oil advisor in Iraq has made comments suggesting he favors keeping nationalized Iraqi oil,(recent La Times article).
6)Bechtel, Haliburton, and the Carlye Group, all have received large contracts concerning Iraq, some negotiated well before the war.(I want to point out that this is not a political statement, but fact, though some political inferences can be drawn, which I will not do here). All three companies have heavy personal involvement with the president or vice president.
7) According to a non partisian economic analysis by the Congressional Budget Office,(CBO), the current Bush tax plan will push both the federal government and state governments,(that often require large amounts of federal monies) into rather large deficits.
I want to reteirate that all the above statements are easily verifable facts, recently reported from Major United States news institutions. I added this information to neither inflame nor vex any viewer of said information. I am explicting not endorsing any view, nor trying to state any explict or implied "political" agenda or inference. I am merely sharing information, much in the spirit of Galileo,(hopefully yielding less consternation and less house arrest
) .