What Bush and Cheney have been waiting for

Is about to come to fruition:

A draft oil law has been submitted to Iraq's parliament after the government and the Iraqi Kurdistan regional authority resolved differences on the sharing of the country's oil reserves, officials have said.

A spokesman for Iraq's oil minister said he expected politicians to begin debating the draft law in the next few days.

"A deal has been reached and the draft has been delivered to parliament to be discussed... in the coming days. An agreement has been reached covering all disputes," Asim Jihad said.

An official in the Kurdish regional government said an agreement had been made, but did not give further details.

[snip]

The draft oil law is crucial in regulating how wealth from Iraq's huge oil reserves will be distributed between sectarian and ethnic groups.

Dividing up the loot....