In today's New York Times is an all-too-predictable article about Halliburton's getting rich off the war in Iraq at the expense of US taxpayers. Here's the cost of a gallon of gas imported from Kuwait by three different organizations:

$2.64Halliburton imported gas
$1.19Pentagon imported gas
$.96Iraqi imported gas

Of Halliburton's $2.64/gal, $1.17 is the price they pay in Kuwait, $1.21 is the cost of Halliburton transport, and $.26 is Halliburton's explicit markup. This is just a tiny example of the cost of oil and defense companies owning the White House.

The Houston Chronicle has Halliburton's story.

  2003-12-10 17:14 Z