Wednesday, December 31, 2003


Yahoo! News - U.S. Military Ending Halliburton Iraq Oil Deal
WASHINGTON (Reuters) - A U.S. military energy unit announced on Tuesday that it was taking over the task of providing fuel for Iraq, ending a Pentagon deal with Vice President Dick Cheney's former company Halliburton amid allegations of price gouging by the Texas-based energy services giant.

The Pentagon's Defense Energy Support Center said it had been directed to assume control of rebuilding Iraq's oil industry and that it would award new contracts through a competitive bidding process.

Can't find the angle here. Spreading more money around?