this is from the horse's mouth
from hillary clinton's speech on oct. 20, 2009
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"Additionally, a comprehensive hydrocarbon law is vital for regulating the oil sector. Parliament has delayed this vote until after January, but steps can be taken in the interim; for example, by holding transparent, credible auctions on oil and gas fields as we are seeing, and by making progress on the Extractive Industries Transparency Initiative, so the Iraqi people will know what is being done with their nation’s valuable resources.
But as the Iraqi Government continues to make its reforms, I urge U.S. businesses to really see all of the progress that has been made. The security situation has improved. The conditions for investment are stronger. And in the words of an Arab proverb, “Dawn does not come twice to awaken a man or a woman.” The world is watching for every opportunity to invest in Iraq, and companies that wait too long may discover they are too late. "
http://www.state.gov/secretary/rm/2009a/10/130729.htm
from hillary clinton's speech on oct. 20, 2009
**************************************
"Additionally, a comprehensive hydrocarbon law is vital for regulating the oil sector. Parliament has delayed this vote until after January, but steps can be taken in the interim; for example, by holding transparent, credible auctions on oil and gas fields as we are seeing, and by making progress on the Extractive Industries Transparency Initiative, so the Iraqi people will know what is being done with their nation’s valuable resources.
But as the Iraqi Government continues to make its reforms, I urge U.S. businesses to really see all of the progress that has been made. The security situation has improved. The conditions for investment are stronger. And in the words of an Arab proverb, “Dawn does not come twice to awaken a man or a woman.” The world is watching for every opportunity to invest in Iraq, and companies that wait too long may discover they are too late. "
http://www.state.gov/secretary/rm/2009a/10/130729.htm