[Congressional Record Volume 154, Number 56 (Wednesday, April 9, 2008)]
[House]
[Pages H2126-H2127]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
COLOMBIA AND OIL: GET IT WHILE YOU CAN
The SPEAKER pro tempore. Under a previous order of the House, the
gentlewoman from Ohio (Ms. Kaptur) is recognized for 5 minutes.
Ms. KAPTUR. Mr. Speaker, the Bush administration announced this week
it will be sending to the Congress for approval the Colombia Free Trade
Agreement. And the American people might ask, Colombia? Now? In 2008?
What about the District of Columbia and getting gas prices lower here
in our Nation's capital? Or what about more fairly priced student loans
for the next generation who are attempting to improve their
opportunities for the years ahead? Or what about dealing with mortgage
foreclosures in the United States, which are at epidemic levels in
places like Ohio and Michigan and Florida and California? No. The
President sends us something to help another country. ``Colombia Free
Trade,'' they call it.
Well, I would like to say to the American people tear the veneer off
the agreement and look below it, and what you will find is crude. Oil.
What this agreement really is about is more imported petroleum from one
of the most undemocratic places in the world.
Colombia about 10 years ago was actually a net importer of oil. But
today it is the fourth leading oil producer in South America. In fact,
oil, rock/crude, has become Colombia's leading export product, and
guess whom they send most of it to? You've got it right. The United
States of America.
So what this Colombia Free Trade deal is all about is more imported
oil, more dirty crude, more carbon emissions, more dependency of the
people of the United States for energy, more living back in the 20th
Century than embracing the 21st with energy independence here at home.
The oil picture in Colombia is clouded by rapidly declining
production because of persistent attacks from people inside Colombia.
What no one has mentioned, and the President didn't send it up here in
his statement, is our country is already sending billions of dollars to
Colombia to hold up the government. Why? To protect certain economic
interests, including the rising export of petroleum.
This is a graph showing production levels of petroleum in Colombia
back since the late 1980s, then up through 2000, when all of a sudden
they started to decline because of unrest inside the country itself.
Now, it's no secret that there are 18 foreign oil companies in
Colombia. Guess what. The majority of their headquarters is located
right here in the United States. They have drilling operations in
Colombia. California-based Occidental Petroleum launched an attempt to
squeeze out of Colombia what oil remains with its discovery in 1983 of
the Cano Limon field in the northeastern part of the country. The
problem is that particular field produces less than a third of its
total as recently as 4 years ago. Its production is going down.
British Petroleum, not to be outdone, has been drilling in the
eastern plains in the Andes Mountains in the largest field in the
country. However, that production has fallen by about two-thirds, and
rather than 400,000 barrels a day, they produce about 170,000 barrels.
Faced with rapidly declining production, the Colombian Government has
taken steps to improve the investment climate in Colombia and giving
permission for foreign oil companies to own 100 percent stakes in oil
ventures in Colombia. The Government of Colombia also established a
lower sliding scale royalty fee, now at 8 percent on the smallest oil
fields, and that set of actions have attracted an estimated $2 billion
more in foreign investments since 2006. The oil industry is focusing
heavily on this country.
Entering into the picture is the geopolitical position of Colombia
because if we look at the United States having nearly half of their
exports, Venezuela is number two, and we all know the difficulties with
Venezuela. So there's a little strategic problem here related to the
U.S. perception across Latin America. But it's important to tear the
veneer off something called ``Colombia Free Trade'' and look at what is
actually being traded out of Colombia.
While the United States continues to support the violent regime in
Colombia, political unrest and political repression continue to cloud
the discussion, and declining oil exports prove it. We can go back to
1988 when a car bomb outside of Occidental's nine-story Colombian
headquarters in Bogota badly damaged that building. In October, 2000, a
truck bomb nearly missed a bus filled with 40 Occidental secretaries
and other company employees. And in April, 2001, rebels seized a bus
filled with 100 Occidental oil workers.
Mr. Speaker, I'm going to include in the Record lots of information
about Occidental Petroleum, which is just one example of what's
happening in Colombia, and also some of Occidental Petroleum's
political influence here in Washington, in the Congress and in the
White House.
Occidental Petroleum Corporation
Occidental Petroleum Corporation is one of the largest
U.S.-based oil and gas multinationals, with exploration
projects in three states and nine foreign countries,
including Colombia. It has operated in Colombia for more than
three decades; in 1983, Occidental discovered Cano Limon,
Colombia's second-largest oil field and one of only 50
billion-barrel-class fields in the world. Occidental's
investment in Cano Limon paid off long ago, with its share of
production yielding hundreds of millions of dollars annually.
Even through years of rebel attacks and pipeline closings,
Cano Limon Field continues to be a profitable venture for
Occidental.
In recent years, Occidental has simplified its oil and gas
operations by focusing its operations in the United States,
the Middle East and Latin America. Despite drastic oil price
declines in 2001, Occidental Petroleum had its second-best
annual earnings ever.
Annual sales: $14 billion
Annual net income: $1.2 billion.
CEO and annual executive salary: Ray Irani, $24 million
(six-year average); Forbes Magazine ranked Irani the second-
worst among executives who gave shareholders the least return
on their investment compared with their own pay. In 2001,
Irani's compensation package included free financial
planning, country club dues and a $2.6 million bonus.
Founded: 1920.
Stock: Publicly traded (OXY) on the New York Stock
Exchange.
Corporate headquarters: Los Angeles.
Employees: 8,235.
Colombia operations: Occidental owns Cano Limon Field in
the province of Aruaca,
[[Page H2127]]
operates three exploration projects elsewhere in Colombia,
and, in 1998, swapped its holdings in the Philippines and
Malaysia for Shell Oil's interests in several producing
blocks of Colombia.
Worldwide holdings: Russia, Pakistan, Saudi Arabia, Yemen,
Qatar, Oman, Ecuador, the Gulf of Mexico, the United States
(Texas, California and Alaska).
Worldwide reserves: 2.17 billion barrels of oil.
Worldwide annual production: 461,000 barrels of oil per
day.
Colombia annual production: 34,000 barrels of oil per day
in 2002, up 79 percent from the year before.
Labor Conditions
In addition to sabotaging the physical structure of
Occidental's Cano Limon Pipeline, Colombia's rebel groups
have attacked, kidnapped and murdered company employees.
Employees also have often been caught in the crossfire
between the rebels and the military. Not unlike other
multinationals in Colombia, Occidental makes it clear with
its employees that it will not pay ransom in the event of
their kidnapping. With few exceptions, the company hires
Colombians from distant cities to work in the danger areas
because they are less likely to be knowledgeable about
military troop locations or security measures should they
fall into the hands of guerrillas. Prospective contractors
are rigorously screened by Occidental's psychologists to
ferret out spies; workers must show identification cards at a
half-dozen security checkpoints; and palm-reading devices
restrict access to executive offices. Still, Colombia's
rebels have succeeded in breaching the multinational's
security on a number of occasions.
Watchdog groups have ranked Occidental poorly on human
rights after the company pursued a protested oil exploration
project in Colombia's cloud forest, home to 5,000 members of
the U'wa tribe. In 2000, three children were killed after
Occidental called on the military to break up a nonviolent
U'wa blockade of the road to the drill site. After years of
public pressure protesting Occidental's exploration on
ancestral lands, the company announced in May 2002 that it
was canceling the project. The company blamed its withdrawal
on technical and economic factors, but many believe
Occidental caved to negative publicity.
Occidental's stand on human rights in Colombia was also
tainted after a 1998 air raid of the village of Santo Domingo
near the Cano Limon Pipeline. That year, three American
pilots of AirScan (a Florida-based security firm that
Occidental uses to protect its oil interests from rebel
attacks) marked hostile targets for the Colombian military in
an antiguerilla operation. The pilots' assistance mistakenly
led to the killing of 18 civilians, including nine children.
Survivors from the village said the aircraft (U.S.-donated)
attacked them as they ran out of their homes to a nearby road
with their hands in the air. The Colombian government is
still investigating.
occidental influence on capitol hill not neutral
Between 1996 and 2000, Occidental spent more than $8.6
million lobbying the U.S. government, including for U.S.
military aid to Colombia. In the 2000 election cycle, the
company gave hard and soft money totaling about $551,000,
with about 60 percent going to Republican candidates and
political action committees. The CEO of Occidental's chemical
subsidiary, J. Roger Hirl, raised more than $100,000 in
support of George W. Bush's bid for the presidency.
Occidental also has maintained links to the Democratic
Party for many years, primarily through former Vice President
Al Gore's father, the late Al Gore Sr., who after leaving the
Senate took a $500,000-a-year job with an Occidental
subsidiary, then served on the company board for 28 years.
When the younger Gore joined Clinton's ticket in 1992,
Occidental loaned the Presidential Inauguration Committee
$100,000 to help pay for the ceremony. And after Gore took
office, the company gave nearly $500,000 in soft money to
Democratic committees and causes. In late 1997, the former
vice president championed a $3.65 billion sale to Occidental
of the government's stake in Elk Hills Oil Field
(California), representing the largest privatization of
federal property in U.S. history. In 1998, when his father
died, Gore inherited about $500,000 worth of Occidental
stock.
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