Restored archive. The original History Commons is no longer online; this is a read-only edition of its timelines. Content is licensed CC BY-NC-SA.

February 25, 2003: ConocoPhillips CEO ‘Covet[s] the Opportunity to Get’ Iraq Oil

2003-02-25

As war with Iraq looms, big multinational oil companies anticipate the bonanza to be reaped: Iraq has the world’s second largest oil reserves. ConocoPhillips chairman Archie Dunham tells the Financial Times, “We know where the best resources are [and] we covet the opportunity to get them some day.” [Financial Times, 2/25/2003; Unger, 2007, pp. 289]