As far as Saudi Arabia is concerned, Iraq is definitely Mission Accomplished.
The major oil fields in Iraq seem to have been permanently damaged according to a Company energy official. Remember, the economics of oil extraction: even if the oil is there, if it costs more money to extract it than produce it, it is no longer useful. Perhaps the Company considers Iraq oil as effectively banked until the price per barrel soars significantly.
The secular Sunni minority in Iraq turn increasingly to Wahhabi Islam.
Bu$hCo has certainly delivered substantial bang for Saudi bucks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment