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The Forum > Article Comments > Violence threatens to thwart Iraqi oil resurgence > Comments

Violence threatens to thwart Iraqi oil resurgence : Comments

By Nicholas Cunningham, published 16/1/2014

In fact, according to the EIA, a majority of Iraq's oil production comes from three fields Kirkuk, and the North and South Rumaila fields near Basra. The latest violence is not located near these areas.

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It couldn't be that the 2003 invasion triggered suicide bombing anarchy ever since - anarchy that has kept large quantities of Iraqi oil in the ground for future extraction - in so doing keeping world oil prices high.

Any who conclude that this benefited Western oil firms are henceforth dismissed as leftwing conspiracy theorists.

We, after all, know that the importance of oil, in the world's premier producing region, is over-rated and simply unmentionable.

Pete
Posted by plantagenet, Thursday, 16 January 2014 2:31:29 PM
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