I agree with all your points except Iraq oil doubling. This will take a while. My wild guess is it is three years away at best. Iraq is pumping 2.4 million barrels per day and don’t forget our military must be using a lot of it
Thanks much for expanding on your ideas!
Laying new pipelines next to existing pipelines and adding new pumps will not be that difficult.
Putting in completely new supply lines will take the longer.
Most oil companies have already been working on the plans to bid on various parts of the pie, plans, people, materials, equipment, housing, security.
It's now just getting the Iraq power brokers greased and getting the contracts signed.
One thing about those in that part of the world...it's a haggling game...the Arabs, Indians, Persians, Asians all of them...it's part of their culture.