| In the
wording of 13303, President Bush declares a “national emergency”
in regards to the protection of the Development Fund for Iraq (created to
fund reconstruction efforts with oil proceeds) as well as all Iraqi petroleum,
petroleum products, proceeds, “interests”, and contracts related
to Iraqi petroleum as well as the profits that ensue from these actions.
EO 13303 offers a the protections tent to “certain persons, entities
and assets associated with the Iraqi oil industry”. |
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The Order gives a tremendous amount of immunity to individuals, corporations,
agencies and others involved in Iraqi oil sales, marketing, or other oil-related
activities which include immunity from suits for environmental damage,
workplace harms, contractual disputes, and numerous other wrongs. This
means that workers for the companies cannot sue for on the job injuries,
or the Iraqi people can get no compensation for an oil spill. Similarly,
the Order protects any assets derived from Iraqi oil from judgment, garnishment,
or any other seizure in US courts. Essentially, if a corporation engages
in illegal activity even in the US, but the efforts are traceable to the
Iraqi oil service they are protected by this order.
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