Delta4Embassy
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Militants Hold Seven Iraq Oil Fields After Syria Blitz, IEA Says - Bloomberg
"Islamic State fighters have captured seven oil fields in Iraq with a total output capacity of 80,000 barrels a day, adding to energy deposits they seized earlier in neighboring Syria, the International Energy Agency said...
Everyone is watching very closely to see whether the Islamic State can make any further advances toward Erbil or toward the fields like Bai Hassan that are closest to the frontline because there is a very real threat there, Richard Mallinson, an analyst at Energy Aspects Ltd. in London, said by phone. A number of international oil companies working in the Kurdish region are concerned and have withdrawn their staff, he said...
Iraq, with the worlds fifth-biggest crude reserves, is the largest producer in the Organization of Petroleum Exporting Countries, after Saudi Arabia. While fighting spurred companies including BP Plc (BP/) and Exxon Mobil Corp. (XOM) to evacuate workers from the countrys north, Iraq pumps and exports most of its crude from the Shiite-dominated south, where the Sunni insurgency has had little impact...
Total Iraqi output from areas controlled either by the central government or the Kurdistan Regional Government dropped to an average of 3.1 million barrels a day in July..."
Gee, the Kurdish region has a lot of oil? So it's not because of Christians, Kurds, or some obscure cult, but oil? Hmm, given how much grief was heaped on the Bush Administration during their 'oil rescue operations' in the 90s and 2000s apparently the Obama administration is trying a new PR strategy to get public support for yet more American lives for oil: claim Christians are at risk. America's a Christian-dominated nation. So while the public isn't likely to support another war for oil, they'd certainly support a war to save fellow Christians.
"Islamic State fighters have captured seven oil fields in Iraq with a total output capacity of 80,000 barrels a day, adding to energy deposits they seized earlier in neighboring Syria, the International Energy Agency said...
Everyone is watching very closely to see whether the Islamic State can make any further advances toward Erbil or toward the fields like Bai Hassan that are closest to the frontline because there is a very real threat there, Richard Mallinson, an analyst at Energy Aspects Ltd. in London, said by phone. A number of international oil companies working in the Kurdish region are concerned and have withdrawn their staff, he said...
Iraq, with the worlds fifth-biggest crude reserves, is the largest producer in the Organization of Petroleum Exporting Countries, after Saudi Arabia. While fighting spurred companies including BP Plc (BP/) and Exxon Mobil Corp. (XOM) to evacuate workers from the countrys north, Iraq pumps and exports most of its crude from the Shiite-dominated south, where the Sunni insurgency has had little impact...
Total Iraqi output from areas controlled either by the central government or the Kurdistan Regional Government dropped to an average of 3.1 million barrels a day in July..."
Gee, the Kurdish region has a lot of oil? So it's not because of Christians, Kurds, or some obscure cult, but oil? Hmm, given how much grief was heaped on the Bush Administration during their 'oil rescue operations' in the 90s and 2000s apparently the Obama administration is trying a new PR strategy to get public support for yet more American lives for oil: claim Christians are at risk. America's a Christian-dominated nation. So while the public isn't likely to support another war for oil, they'd certainly support a war to save fellow Christians.