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By Mark Davis
The nation founders, the Lone Star State thrives
Topic - Philip Weiss
South Korean firm KOGAS on Wednesday signed a major deal to develop a major natural gas field in western Iraq — another sign that foreign rivals are proving tough competitors to American energy giants in Iraq eight years after the American-led invasion to oust Saddam Hussein.
Philip Weiss, a senior analyst at Argus Research Co. Many critics of the invasion at the time argued that President George W. Bush was motivated in part to secure access to Iraq's vast oil and gas deposits for the U.S. and its allies.
"I don't think the U.S. companies have any distinct advantage," Mr. Weiss said. "In fact, they might be slightly disadvantaged because of the feeling toward the U.S. from some of the people there."