(-4.75, -6.46) on
The Political Compass




Places of Interest
Archives
<< current
The 18½ Minute Gap
Check to have links open new windows.
Thursday, October 16, 2003
Halliburton: Your Tax Dollars at Play
2 in House Question Halliburton's Iraq Fuel Prices: "wo senior Democratic congressmen are questioning whether Halliburton is overcharging the United States government in the procurement of gasoline and other fuel for Iraq, which is now importing oil products to stave off shortages.

In a letter sent yesterday to the White House Office of Management and Budget, the two lawmakers, Representative Henry A. Waxman of California and Representative John D. Dingell of Michigan, contended that 'Halliburton seems to be inflating gasoline prices at a great cost to American taxpayers.'

'The overcharging by Halliburton is so extreme that one expert has privately called it `highway robbery,' ' the letter said.

According to the two lawmakers, Halliburton has charged the government $1.62 to $1.70 a gallon for gasoline that could be bought wholesale in the Persian Gulf region for about 71 cents and transported to Iraq for no more than 25 cents. The fuel was sold in Iraq for 4 cents to 15 cents a gallon, the letter said."

Of course, at $.15/gallon, those contributions to the Bush campaign and the value of Cheney's stock options would be a lot less certain.
This page is powered by Blogger.