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Billions in Oil Missing in Iraq, U.S. Study Finds »

Posted by: TechnologyExpert 2 years, 7 months ago

Between 100,000 and 300,000 barrels a day of Iraq's declared oil production over the past four years is unaccounted for and could have been siphoned off through corruption or smuggling, according to a draft American government report. Using an average of $50 a barrel, the report said the discrepancy was valued at $5 million to $15 million daily.

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Comments: 2
  • Avg rating: (+0/-0 0)buzzsaw
    buzzsaw
    May 12, 2007, 12:32 p.m.

    Nothing surprises me anymore. When will the impeachment of Dick "Shotgun" Cheney commence?

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