If the media is not liberal then why are they not reporting the progress in Iraq?

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Evidence of improvement in Iraq.

By Bill Crawford

An important step in stemming the violence in Iraq is to find a formula to share the country鈥檚 oil revenues fairly between the three main groups: Shiite, Sunnis, and Kurds. Iraq is preparing to take a step in the right direction by providing opportunities for foreign oil firms to invest in the country, thereby increasing its output and revenues:

The production-sharing agreements (PSAs) would allow oil giants to sign 30-year contracts for extracting Iraqi oil.

Under PSAs, the state retains legal ownership of its oil but gives a share of the profits to companies that invest in infrastructure and in operating the wells, pipelines and refineries.

The newspaper [the Independent] said that under the draft law, oil companies could recoup 60 to 70 per cent of revenue until initial costs had been recovered, which compares to around 40pc usually.

Along the same lines, Lt. General Graeme Lamb, Deputy Commander of Multinational Forces-Iraq, sees 2007 as the year that Iraq moves forward, and says he sees plenty of progress to base his optimism on:

Let me give you an example. I was out at Hit the other day, Ramadi. The battalion commander out there, young battalion commander 鈥?actually, I suppose he's not that young; he just looks it 鈥?had been in Ramadi two years before, had done a full year's tour. As far as he was concerned, he always just seemed to be going backwards. When I saw him the other day, as far as he was concerned, they were making huge progress.



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