AI-Jane Political, And Economic Forums

Full Version: Iraq Oil Production
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Pages: 1 2
http//www.theaustralian.news.com.au/story/0,20867,19590171-1702,00.html
Good news
Yea,it really is for them.
Hey, didn't we only go there for the oil that we could steal from them? Wasn't that the pat answer that the Looney Left used to ridicule our move into Iraq. It was all about the oil right?

Well if so, what is our "take" from this? Dissenting minds would like to know, you know. Wink1
What companies do participate in the oil extraction?
Can you name them?
Green Wrote:What companies do participate in the oil extraction?
Can you name them?

Perhaps you can enlighten me there. I must assume that the Iraqi oil company has a name, but it is still State owned.
So there is only one company and it is state owned, right?

**Sorry for being dumb, can't help it**
Green Wrote:So there is only one company and it is state owned, right?

**Sorry for being dumb, can't help it**

We are good Christians here and will gladly forgive you, your transgressions.

And yes, the Iraqis are being classically idiotic by allowing for a State owned enterprise such as this. Not very bright.
Hm, I would say, stupidity can't be a sin.
Quote:And yes, the Iraqis are being classically idiotic by allowing for a State owned enterprise such as this. Not very bright.
Their teachers probably have overlooked something, I guess. Shock
Iraq has not fully been checked for oil. Saddam was even neglectful of this. Did not develop the technology for this but eventually the Iraqis will explore as things settle down and with our technology they'll have enough to make everyone happy as sunni, shiatte and kurd companies or even mixed companies can have their own share of the pie and they don't fight each other over it.
For what it matters, I'm glad to hear that oil production has finally returned to prewar levels. A more important question is, where do the proceeds go? Who monitors the money, and who gets it?

Let me guess: it doesn't go into the US treasury.
Fit2BThaied Wrote:For what it matters, I'm glad to hear that oil production has finally returned to prewar levels. A more important question is, where do the proceeds go? Who monitors the money, and who gets it?

Let me guess: it doesn't go into the US treasury.

I believe that to be a 'safe' assumption Fit'.
Since Iraq sells the oil,isn't it reasonable to imagine it goes to their treasury? Would anyone have asked where the proceeds of Iran's oil sales go?
Quote:Would anyone have asked where the proceeds of Iran's oil sales go?
Oh, I suppose the proceeds go to Iranian teasury. :idea:
Quote:Oh, I suppose the proceeds go to Iranian teasury.

Where do you suppose it goes from there? I'll answer, nuclear research and development, Hezbollah, Hamas, Islamic Jihad, Al Aqsa, rveolutionary guard, Iraqi insurgency and drum roll..... riches for the Mullahs.
I want to see any European - namely French and German - companies try to get in Iraq.
Gunnen4u Wrote:I want to see any European - namely French and German - companies try to get in Iraq.

Already there, french and german.
Good news? For them? Or for us?

S1
I think US companies probably will be frozen out of Iraqi Oil work simply because the government will not desire to be seen as lackeys.
100% 0f Iraqi oil could go to China, and it would still benefit the U.S.

Oil is fungible, and the increasing production benefits all.
Pages: 1 2