Comments on: Iraq: Ministry To Resume Oil Exploration After 20 Year Pause

By: deathstar

deathstar — Thu, 07 Aug 2008 04:12:44 +0000

Iraq is getting its shit together regarding oil faster than our congress. What a disgrace and what another black eye for our politicians.

By: billie

billie — Thu, 07 Aug 2008 05:52:24 +0000

Here’s a blast from the past:

“…During the Arab oil embargo, we had sold oil on the spot market for $35 a barrel. That told us something: Demand for oil was so strong that price was no object….I was also convinced that in the long run the world economy would be healthier when oil sold at a price which would foster exploration of other forms of energy.” (Answers to History by the Shah of Iran)

And oil is how much a barrel now? And the Democrats are still dragging their heels about drilling?

By: TBinSTL (just typical)

TBinSTL (just typical) — Thu, 07 Aug 2008 07:30:12 +0000

We really need to rub ol’ Nancy’s nose in that….

By: Dan (The Infidel)

Dan (The Infidel) — Thu, 07 Aug 2008 08:49:52 +0000

Iraq ought to be able to start financing their own reconstruction efforts and give the US some of that oil…gratis.

I doubt that will happen anytime soon. In any event that news sure makes Hillary and her ilk look stupid.

Sharon Stone lines anyone?

By: CPLViper

CPLViper — Thu, 07 Aug 2008 13:45:34 +0000

I believe it is time to buy some Iraqi Dinars and wait for them to be 1000x what they are now … probably in about 5 years. I am think a small investment of 500 bucks and I will be able to put my kids through college and pay off the mortgage from the profits.

By: jimmy(the bullet)

jimmy(the bullet) — Thu, 07 Aug 2008 22:08:08 +0000

CPLViper

i bought $1500 worth in april.they’ve already gone up $100.