Occupation means "take da money and run". Empire has everything to do with booty from the hinterlands.
Somebody is stealing oil. Why not us? It's our country now. Just divert the oil to Saudi Arabia. We're not talking about honest people here; we are talking the Shrubistas. Anything and everything is possible. Except an adherence to the Constitution and honesty.
100,000 to 300,000 barrels of oil a day unaccounted for in Iraq By James Glanz Published: May 13, 2007
Between 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 U.S. government report.
Using an average of $50 a barrel, the report said the discrepancy was valued at $5 million to $15 million daily.
The report does not give a final conclusion on what happened to the missing fraction of the roughly two million barrels pumped by Iraq each day, but the findings are sure to reinforce longstanding suspicions that smugglers, insurgents and corrupt officials control significant parts of the country's oil industry.
The report also covered alternative explanations for the billions of dollars' worth of discrepancies, including the possibility that Iraq has been consistently overstating its oil production. iht.com |