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Where is all the oil in Iraq going to?

Brendan552004 · 2005-06-15 17:52:44

The price of oil has just gone through the $56 per barrell mark. Where is all the Iraq oil going to. Who is making the money? It was 87 cent a litre before Bush invaded Iraq, now it is 102.

15-06-2005 6:52pm

#1

Brendan552004

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The price of oil has just gone through the $56 per barrell mark. Where is all the Iraq oil going to. Who is making the money? It was 87 cent a litre before Bush invaded Iraq, now it is 102.

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#2 15-06-2005 10:34pm

Flukey

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Oh come on now, do you really need to ask that question? Why do you think they invaded in the first place?

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#3 22-06-2005 11:13pm

jrey1981

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How's this for profit$: Production cost is about $1-2 a barrel in Iraq, Pipeline capacity is huge so that's over $50 a barrel profit on every barrel.

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