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Politics : Foreign Affairs Discussion Group

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To: Lazarus_Long who wrote (179062)	1/4/2006 12:34:19 AM
From: Bilow	Read Replies (1) of 281500

Hi Lazarus Long; Re: "Oil production stands at roughly 2 billion barrels a day, compared with 2.6 billion before U.S. troops entered Iraq in March 2003, according to U.S. government statistics." disagrees with this: "Iraq exported 1.1 million barrels of oil per day in December, a senior official said, ..." Perhaps you're unaware of the technical difference between "production" and "exports". Production means what is taken out of the ground. Exports means what is sent out of the country. The difference is what is mostly consumption by the locals, but can also include storage or whatever. My guess for the electricity difference is that there has been some change to the pricing for electricity that has increased the demand by a very large percentage. Consequently, if electricity production remained unchanged, there would now be a large deficit as compared to demand. -- Carl

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