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Democrats Question Iraq Oil Contract Signed by Bush Fundraiser

HeadlineOct 16, 2007

Meanwhile, new questions are being raised over how a personal friend of President Bush secured an oil deal with the Kurdish regional government in Iraq. The Texas-based company Hunt Oil signed the deal in September. Hunt CEO Ray Hunt has been a key Republican fundraiser. He sits on the board of directors for Halliburton and is a member of the Foreign Intelligence Advisory Board under an appointment from President Bush. On Monday, Democratic Congressmen Henry Waxman and Dennis Kucinich questioned whether Hunt used nonpublic information learned from his position on the Foreign Intelligence Advisory Board to further his company’s economic interests.

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