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Helping Kuwait. (to rebuild oil industry) (column)
Rebuilding Kuwait's oil industry is an issue on the minds of Congress and the Bush administration.
Last week a couple of congressional hearings examined the chances for small U.S. businesses to work in Kuwait.
The U.S. Army Corps of Engineers testified Kuwait is in better shape than anticipated following the iraqi occupation and sabotage, except for wells set afire.
Kuwait is paying the corps $45 million to direct initial cleanup and restoration operations but has expanded that to $100 million due to the size of the problem. Seven subcontractors are performing the work for the corps.
Also last week, the Export-Import Bank established a …
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