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Can't answer your question but I saw an interview with the head of Haliburton on one of the news channels. He stated that the corporation in Kuwait had lost 60 tanker trucks and seven drivers had been killed transporting the fuel into Iraq. I guess you have to profit somewhere to make up those kind of losses.

Wonder how this would spin if Algore had been the former C.E.O.? Nevermind...Haliburton WHO?

Wonder how this would spin if Algore had been the former C.E.O.? Nevermind...Haliburton WHO?

No question about that.

There's a good article in today's "National Review Online" (see link on Drudge) that explains the whole thing. Basically, the Army ordered Halliburton to buy oil from Kuwait in order to expedite its delivery to the southern city of Basra, which was in near-riot status due to a critical fuel shortage. There was only one dealer authorized by the Kuwaiti government, so Halliburton had no choice but to pay their higher price, which the dealer claimed was necessitated by increased costs to deal with security threats. There was no "price-gouging" by Halliburton. This did not stop CBS from suggesting that very thing a couple of days ago on "The CBS Evening News."