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Iraq: Mission accomplished for big oil?

Posted on 29 August 2012

In 2011, after nearly nine years of war and occupation, U.S. troops finally left Iraq. In their place, Big Oil is now present in force and the country’s oil output, crippled for decades, is growing again.
Iraq recently reclaimed the number two position in the Organization of the Petroleum Exporting Countries (OPEC), overtaking oil-sanctioned Iran. Now, there’s talk of a new world petroleum glut. So is this finally mission accomplished?……………………………………….Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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