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Billions in Oil Missing in Iraq, U.S. Study Says »
Posted by: populist 2 years, 6 months agoBetween 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.
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populist
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Comments: 28
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Sieben
May 13, 2007, 12:06 a.m.Who is in charge of the Oil fields, What is Haliburtons role in IRAQ?
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SitNlook
May 13, 2007, 12:22 a.m.good to know in this world of an oil shortage and excalating gas prices...how can you lose this stuff?
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misanoel
May 13, 2007, 1:09 a.m.I won't be terribly shocked if we eventually learn that this is the work of American oil interests and/or the US government (not that there's much to distinguish the two these days).
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tehranchik
May 13, 2007, 1:16 a.m.There's no way that $5-$15 million dollars worth of oil disappears in a day everyday for how many months, without someone knowing about it.
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miklkit
May 13, 2007, 1:43 a.m.I keep thinking about those 40 inch pipes running out to the gulf with broken flow meters. Why, just any old ship could pull up and then fill up, and no one would know. Umm, how many aircraft carrier battle groups do we have in the gulf right now? Couldn't they police some old pipes?
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Justice4All
May 13, 2007, 5:24 a.m.This has been going on for 4 years and they just noticed? What kind of morons do they have running things over there?
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Frankenmacer
May 13, 2007, 7:58 a.m.The nations of OPEC constantly mis-state their production figures for various reasons. Sometimes understate production to enable them to pump more oil beyond the quotas set by OPEC and sometimes they overstate it to inflate their importance and voting power in OPEC. I would think that Saddam was likely overstating Iraq's oil production all along and now the US is finding out that maybe it wasn't as profitable as they thought it would be to take over Iraq. I guess Saddam gets the last laugh on the US after all.
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mamasan
May 13, 2007, 9:40 a.m.This has b een know for 4 yeras now and been reported.
but has it been reported on Foxtv...no.
Of course FOLLOW THE MONEY.
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mamasan
May 13, 2007, 9:46 a.m.funny I was trying to tell some family members abouut this 3 years ago.
they told me there was no way a thing like that could happen.
our government was in controll.
I said the taps are open and running free.
well...now it is out...and what will happen?????
nothing.
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Natalie1183
May 13, 2007, 9:51 a.m.Its similar to a story where there were saran wrapped shippents of billions of dollars that no one can account for. What happened to that story?
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Amazing1
May 13, 2007, 10:24 a.m.I don't trust any of the players. Not the Shiites, not the Sunnis, not Halliburton, not big oil, not our government. I also don't trust any of the figures. I'm sure there is some missing oil. Just as there is all that missing money. The thieves in the region must be tripping over each other and swirling around in an oily amalgum of corruption.
I'm gonna go feed my chickens. They never lie to me, give me good eggs and only ask for chicken feed in return.
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Sieben
May 13, 2007, 10:50 a.m.Reaganwasright Great answer There is no way that could happen under this administration WATCH or lack thereof "ONLY IN AMERICA"
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