Where is Iraq's oil money going?


	Where is Iraq's oil money going?

BobbyDelray

3-9-2008 1:55 PM

310 views

tags:

oil, iraq, revenue, reconstruction

2 Comments |

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3-9-2008 2:12 PM

BobbyRutan

This is a bipartisan effort both Democrat and Republican notice that we are getting far far less than what we are paying for.

3-11-2008 9:03 PM

kkcapricorn

The self-proclaimed elite are building "safe mansions" on Mars so they can abandon the rest of us when Earth self-destructs.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fa9652d7-3f7f-449a-a1ef-bd54bc439c60/5E4C909E-DE33-4173-B141-61A9BFB54F7E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories" href="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories" style="font-size: 11px;">www.cnn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories">Two senators are asking congressional investigators to look at Iraq's oil revenues and see if the war-ravaged nation can pay for its own reconstruction, an effort that has been bankrolled to this point mostly by U.S. taxpayers.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories">Government Accountability Office that Iraq has "tremendous resources" in banks worldwide but is doing little to improve security and reconstruction efforts.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories">We believe that it has been overwhelmingly U.S. taxpayer money that has funded Iraq reconstruction over the last five years, despite Iraq earning billions of dollars in oil revenue</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.cnn.com/img/C03257F3-F2E8-4254-8CE3-007A6774D55F" alt="art.oil.protect.afp.gi.jpg" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories"> Using numbers from the U.S. State Department and Iraqi Oil Ministry, the senators said Iraq hopes to produce 2.2 million barrels of oil a day this year. Weekly averages suggest that the number has climbed as high as 2.51 million barrels a day.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories">   That kind of oil production could earn <A class="cnnInlineTopic" href="http://topics.cnn.com/topics/Iraq">Iraq</A> a projected $56.4 billion this year</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cnn.com/2008/WORLD/meast/03/08/iraq.main/index.html?eref=rss_topstories">we believe that Iraq will accrue at least $100.0 billion in oil revenues in 2007 and 2008</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5E4C909E-DE33-4173-B141-61A9BFB54F7E/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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