06-25-2005, 08:50 AM
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Bon temps!
Join Date: Feb 2003
Location: down yonder
Posts: 14,194
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Quote:
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Originally Posted by dready
But we have the oil now.
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Some prize.
Quote:
Rocked by a daily spate of attacks and frequent sabotage of its oil facilities, Iraq more than two years after the U.S.-led invasion is still seen as too turbulent to invest in by many major oil companies.
"The problem in the near term isn't even so much the production level as it is the ability to get it out," said Raymond.
Iraq's oil industry is also reeling from three wars and crushing U.N. sanctions in the last quarter of a century.
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http://www.reuters.com/newsArticle.j...ryID=88553 91
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