"It's All About Oil"

So says John Judis at TNR. The new oil law was drafted by the American consulting firm Bearing Point and “would establish ‘production sharing agreements’ by which companies would receive 60–70 percent of revenues until they recoup their investments and 20 percent afterwards. That would make Iraq just about the best deal in the world for an oil company.”

Chris Hayes is the host of All In with Chris Hayes on MSNBC.

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