Clinton team backs Iraqi oil-for-aid plan

Clinton administration officials last week defended the United Nations oil-for-aid program for Iraq, claiming it was not deflating the world oil market. They testified at a joint Senate Energy Committee and Foreign Relations Committee hearing that had been requested by oil-state senators. The administration currently is supporting an increase in the $5.25 billion worth of oil that Iraq is allowed to sell every 6 months. Independent U.S. producers have blamed much of the drop in world oil prices on the fact that the U.N. allowed Iraq to increase its output to 2.5 million b/d from 500,000 b/d during the past 2 years under the program. Policy defended Energy Sec. Bill ...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected