Dems Point to Chinese Oil Grab, Ignore Their Own
It turns out the Democrats latest War Supplemental does contain language that takes on the oil industry – only its Sudan they’re concerned about, not Iraq.
According to UPI, a provision in the Bill “mandates that the Secretary of the Treasury, in coordination with the Securities and Exchange Commission and in consultation with the departments of State and Energy, prepare a written report “containing the names of companies which either directly or through a parent or subsidiary company, including partly owned subsidiaries, are known to conduct significant business operations in Sudan relating to natural resource extraction, including oil-related activities and mining of minerals.”
Mind you, this is a good idea. But does anyone else think its ironic that in Sudan, where Chinese companies control 2/3 of the oil (the rest is pumped by the French, Indians, and Malaysians), Democrats get a backbone? Meanwhile in Iraq, they are so far unwilling to remove language that endorses the controversial Iraqi Oil Law benchmark…