Major oil company Exxon Mobile is being critized by the deputy prime minister of Iraq for making an effort to expand into the region of Kurdistan. The government has been warning Exxon of making this expansion for a while now and considers the expansion to be illegal until an agreement can be worked out deciding on where revenues will go. Exxon was said to have signed a deal in Kurdistan on October 18 and was given six exploration blocks. There has been great conflict with the Kurds and other Iraqi's ever since the invasion into Iraq by the U.S. Many conflicts over oil, Iraq's main source of wealth, have risen. However many smaller oil companies in the U.S. have signed deals in Kurdistan but larger companies have been avoiding it. Professor Michael Klare at Hampshire college stated that Iraq is too reliant on Exxon's business that punishing them can only hurt their oil industry.
Blake Sabatke
http://www.nytimes.com/2011/11/14/world/middleeast/iraq-criticizes-exxon-mobil-for-its-deal-with-the-kurds.html?ref=world
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