WIth oil at an all time high, I was just curious if anyone can explain to me what Iraq is doing with their oil

all time high
micahsmackley asked:

I know the war is unpopular and I don’t have an opinion on it. But I have seen little to no coverage concerning Iraq’s oil. Is there Government still argueing over it or are they producing oil? If so how many barrels a day? Where can I find out anout this.



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4 Responses to 'WIth oil at an all time high, I was just curious if anyone can explain to me what Iraq is doing with their oil'

  1. agentrotard - July 26th, 2009 at 1:48 pm

    Most of the iraq oil is staying within their country. The insurgents have destroyed many of the pipelines that take the oil to the markets to be shipped and sold. Until that is fixed, it really doesn’t do much to help the world.

  2. remaydnas - July 29th, 2009 at 12:43 pm

    i think u mean to ask wat the U.S is doing with Iraq’s oil. the U.S is spending all their money on wars that do not benefit the country in anyway therefore, the economy of the United States has decreased drastically. therefore, inflation has occurred and the U.S dollar is not worth wat it was long ago. so even though prices of everything has increased wages of workers haven’t that’s why everything seem so much more expensive.

  3. granny_sp - August 1st, 2009 at 11:44 am

    The fuel resources of the United states has been sold to OPEC and OPEC and oil stock holders including your own reps senators and congressmen are not allowing us to pump and use our own resources. The are also fighting Ethnol corn fuel. Any attempts at solutions are being filibustered by republican reps. A republican response was American deserve the high prices, in fact he would add $1 tax.

    The oil produced by Iraq is being held in reserve. 32 billion dollars worth

  4. Eric - August 4th, 2009 at 12:42 am

    Iraq is selling it, but sales are sometimes cut off by attacks. Iraq produced 2.38 million barrels of oil a day in March, according to Bloomberg data. Kirkuk crude exports to the Turkish Mediterranean port of Ceyhan climbed to 430,000 barrels a day in April because there were no attacks against pipelines or major disruptions.


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