Quote Originally Posted by Kirkland Laing View Post
Quote Originally Posted by walrus View Post
Quote Originally Posted by SlimTrae View Post
I agree, Arafat made a lot of mIstakes. And as walrus stated Obama has saId some things that didn't add up.
Slim, regarding your previous post about Bloomberg and the Iraq oil production I still haven't researched it but if memory serves me correct the oil is in the Kurdish stronghold areas which were rather well put together when Saddam wasn't bombing them. Is that part of the story to your knowledge, I forget where that post was @SlimTrae
About 20% of the oil is in Kurdish areas but these fiels are mostly used up now and won't produce much in the future. Almost all Iraq's oil is in the Shiite south and this oil has hardly been developed at all. It's the biggest undeveloped oil region on the planet by a country mile, there's a hundred and fifty trillion dollars under the ground there. This used to be owned by Saddam's Sunnis and now the Shiites(and Shiite Iran) control it and the Sunnis are eating dust. Can you see why they're so pissed off now?
Well slim posted a link about Bloomberg reporting rapid increase in current Iraqui oil production levels. Not so much about untapped stuff.