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How many understand that Iraq is only the 12th largest oil producer in the world?


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Old 07-19-2009, 07:05 AM
Canada Canada is offline
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Default How many understand that Iraq is only the 12th largest oil producer in the world?

Top World Oil Net Exporters, 2005*(OPEC members in italics) Country Net Oil Exports(million barrels per day)1) Saudi Arabia 9.12) Russia 6.73) Norway 2.74) Iran 2.65) United Arab Emirates 2.46) Nigeria 2.37) Kuwait 2.38) Venezuela 2.29) Algeria 1.810) Mexico 1.711) Libya 1.512) Iraq 1.313) Angola 1.214) Kazakhstan 1.115) Qatar 1.0*Table includes all countries with net exports exceeding 1 million barrels per day in 2005.So, why do I keep reading that we went to Iraq for the oil? IRAQ conrols IRAQ'S oil production and sales--not the US and we can go to 11 other oil producers (since Congress refuses to allow us to drill more in the Gulf and Alaska) and become self-sufficient.Things that make you go hummmmm
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Old 07-19-2009, 07:09 AM
decade decade is offline
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Default How many understand that Iraq is only the 12th largest oil producer in the world?

Just imagine where they would be if their infrastructue was intact and they weren't in the middle of a civil war.A lot higher than #12
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Old 07-19-2009, 07:13 AM
sale sale is offline
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Default How many understand that Iraq is only the 12th largest oil producer in the world?

Where does America stand on the oil producing scale???Did YOU know that America is the largest user of oil in the world?Who cares if we went there for oil or not. Fact is we went there with out cause except to make mr. bush's vendetta against Saddam complete.
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Old 07-19-2009, 07:17 AM
Steve Steve is offline
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Default How many understand that Iraq is only the 12th largest oil producer in the world?

I wouldn't know where to begin discussing your misunderstanding on this subject....Iraqi oil production is much lower now than before *we invaded*. But Iraq has the second highest reserves in the world...115 billion barrels. And if the U.S. has its way the oil multinationals, not Iraq, will control production and will likely be ripped off through 'rigged' profit sharing agreements. Iraq may not be producing that much now, but it's potential is enormous. This is the *only* reason we are there.
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Old 07-19-2009, 07:21 AM
Flory Flory is offline
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Default How many understand that Iraq is only the 12th largest oil producer in the world?

Your facts are flawed. Iraq is capable of 6 billion barrels per day.Crude oil production capacity during 1989 reached almost 3.5b/d. This alone would make it number 3 on your list.The 2005 figures are with Iraq in the middle of restoration after huge amounts of damage during the 1st and 2nd Gulf war.One simply can't destroy a nation's infrastructure and then turn around a say - see it wasn't about the potential resources!
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