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| ISSUES |
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Iraqi Oil |
" Iraqi oil is comparatively
simple to extract - less than $1 per barrel, compared with $6
a barrel in Russia. Soon, US and British forces could be securing
the source of that oil as a priority in the war strategy. The
Iraqi fields south of Basra produce prized 'sweet crudes' that
are simpler to refine." UK
Observer January 26, 2003 |
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Iraqi Oil |
"The American oil industry is very interested in trying
to enter Iraq," said J. Robinson West, chairman of Petroleum
Finance Co., a consulting firm. "But I think that they
are quite respectful of U.S. policy towards Saddam Hussein.
There is a very strong feeling that in fact he is the greatest
threat to oil production in the Middle East." Washington
Post March 2001 |
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Iraqi Oil |
"Post the Iraq war there will be a lot of countries going
into Iraq, if an opportunity came along then, like anywhere
else, we'd think about it." BHP
Billiton petroleum president Philip Aiken March 25, 2003 |
oil
industry