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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 01:51 PM
Original message
Iraqi oil exceeds pre-war output
Source: BBC

Iraqi oil production is above the levels seen before the US-led invasion of the country in 2003, according to the International Energy Agency (IEA).

The IEA said Iraqi crude production is now running at 2.3 million barrels per day, compared with 1.9 million barrels at the start of this year.

It puts the rise down to the improving security situation in Iraq, especially in the north of the country.

But the IEA warned that attacks on Iraqi oil facilities remain a threat.

In southern Iraq, more than 85% of the residents of Basra believe British troops have had a negative effect on the Iraqi province since 2003, according to a BBC poll.

The survey for BBC Newsnight of nearly 1,000 people also suggests that 56% believe their presence has increased the overall level of militia violence.


Read more: http://news.bbc.co.uk/2/hi/business/7144774.stm
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texastoast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 01:53 PM
Response to Original message
1. How are the hospitals, libraries, and other human services doing over there?
Hope as well as the oil bidness.

:eyes:
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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 01:56 PM
Response to Reply #1
2. It's strange that this story doesn't mention oil smuggling
Some unknown, but large, percentage of Basra oil is siphoned off by smugglers and militias. So these production numbers are a little dubious.
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rAVES Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 02:02 PM
Response to Reply #1
3. HAHAHAHAAAHHAA!!! yea.. good one *wipes tear*
Edited on Fri Dec-14-07 02:03 PM by rAVES
Though the dog and Pony Zone is quite safe...
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 02:10 PM
Response to Original message
4. And where is the revenue from these oil sales going? n/t
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Bigmack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 02:17 PM
Response to Reply #4
5. Silly! .... the revenue is paying back the US...
to offset the costs of the war. I'm not sweating all those billions that future Murikans owe for the war. Those oil revenues will pay off the debt!

Deep, dark, fiscal :sarcasm: intended.
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 02:26 PM
Response to Reply #5
6. LOL... Yep, that about answered my question! n/t
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NickB79 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 02:49 PM
Response to Original message
7. And it only took 4 years, 500 billion dollars and 750,000+ lives
How many bodies/gallon does that shiny new Hummer get?
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humbled_opinion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 03:02 PM
Response to Original message
8. Oh, Oh, I guess its time to go buy some of thos Iraqi DINAR's ..n/t
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 03:10 PM
Response to Original message
9. bfd - oil 3 times higher than it was before invasion
when gas is at least back to pre-bush levels then I'll throw some confetti
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 03:30 PM
Response to Original message
10. If we believed it, it would be great news`
But we don't.

At $230,000,000/day, the occupation would almost be self-sustaining.
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Karenina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 03:42 PM
Response to Original message
11. They figured this out
without functioning meters? :shrug:
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 03:59 PM
Response to Original message
12. Yuh and?
Seriously.... it means nothing to the majority of people in the US. Who really benefits?
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 05:03 PM
Response to Original message
13. Wolfie missed it by that much...
Edited on Fri Dec-14-07 05:03 PM by RUMMYisFROSTED







Iraq is a great success. :eyes:
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-14-07 06:35 PM
Response to Original message
14. So that means lower gas prices, right?
After all, one of the reasons Iraq was invaded was to control ME oil, right?

So, how has the invasion actually HELPED anyone?

Anyone?
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