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Why a black market for gasoline vexes Iraq

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leftchick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-05 06:23 AM
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Why a black market for gasoline vexes Iraq
http://story.news.yahoo.com/news?tmpl=story&u=/csm/2005...

Iraq expects to import $3 billion of refined oil this year because its refineries are in such disrepair.

By Jill Carroll, Correspondent of The Christian Science Monitor

BAGHDAD - Salam Hassan and Jabbar Kadhim's oil- and gas-delivery company helps keep the lights on and equipment churning at a number of Iraq's hotels and businesses. But when fuel shortages hit recently, the two men had to scramble to satisfy their customers. So they dipped into the black market.



"We have to deal with a lot of hotels and companies that depend on us. So if I am late, they will go with someone else," Mr. Hassan says.


Iraq sits on one of the world's largest oil reserves, producing 2.3 million barrels a day. But its aging refineries have struggled to keep up with growing demand, fueled in large part 1.5 million new cars on the roads and an influx of home appliances. Add to this Hussein-era subsidies that keep prices artificially low, continuing insurgent attacks on pipelines, and corruption, and the shortages are creating an underground market that the new government is struggling to control.


Black gold at White Gold
One of the largest such markets is at a place called White Gold, a dusty patch of desert 15 miles west of Baghdad. The area got its name from a time when milk was stored there. Now it's a center for black gold.


... more
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saigon68 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-05 06:30 AM
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1. The Evil Bush Criminals know a thing of 2 about this corruption
Hell, they invented and profited from schemes like this.
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leftchick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-05 07:43 AM
Response to Reply #1
2. This same shit is happening in Afghanistan with everything
Edited on Wed Apr-20-05 07:48 AM by leftchick
including rocks! I was watching a documentary about the rebuilding of Afghanistan's bombed villages by humanitarian workers. What they had to go through to get fucking rocks for these poor people to rebuild was shocking. The whole freakin country is run by mafia-like warlords. They are also in cahoots with Karzai. (no surprise there.)

:grr:
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saigon68 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-05 12:35 PM
Response to Reply #2
3. KARZAI = Evil Bush Criminal Family Puppet and mayor of Kabul
That puppet?
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-20-05 12:36 PM
Response to Original message
4. Article's rating has been Freeped, too
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