January 1, 2016

THANKS, W!:

Iraq Says It Exported More Than 1 Billion Barrels of Oil in 2015 (Khalid Al-Ansary and Kadhim Ajrash, January 1, 2016, Bloomberg)

Iraq said it exported 1.097 billion barrels of oil in 2015, generating $49.079 billion from sales, according to the oil ministry.

It sold 99.7 million barrels of oil in December, generating $2.973 billion, after selling a record 100.9 million barrels in November, said oil ministry spokesman Asim Jihad. The country sold at an average price of $44.74 a barrel in 2015, Jihad said.

Even the most optimistic among us could hardly have envisioned how well destabilizing one regime would work, from delegitimizing Middle Eastern dictatorship to allying us with the Shi'a to destroying the oil cartel.
Posted by at January 1, 2016 11:32 AM

  

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