According to oil industry experts, new exploration will probably raise Iraq’s reserves to 200+ billion barrels of high-grade crude, extraordinarily cheap to produce. At $75 a barrel, Iraq's oil is worth $9.5 to $16 TRILLION (depending on the reserves and price of oil).
2006-07-07 07:15:14 · 4 answers · asked by Olivia 4 in Politics & Government ➔ Other - Politics & Government
This is the only reason for our intervention in Iraq. Original plan A was to topple the government, install a friendly new government, charge them with internal security and then retire and establish US bases on the borders to watch over all the mid-eastern oil fields especially the Saudi giants. We are now in plan B hastily crafted to deal with unexpected resistance to plan A.
2006-07-07 07:28:11 · answer #1 · answered by wealthmaster 3 · 3⤊ 1⤋
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2016-11-06 01:17:09 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Hell yes it does. We really have no reason to be in Iraq. I mean, if it's to try to fix up a new government, let the people do that. They already are deciding who's who anyways. If you leave them alone, they may be willing to renegotiate the prices of crude oil and be good about it again.
2006-07-07 07:21:43 · answer #3 · answered by Gabrianna Faith 2 · 0⤊ 0⤋
You bet.What better way then to line your pockets at the governments' expense. Politics isn't a forever job you know. Peace.
2006-07-07 07:18:11 · answer #4 · answered by wildrover 6 · 0⤊ 0⤋