[thesoothsayers]

That is pretty funny, oil shipping fact is totally false. You can pull up tanker bookings and rates and they have imploded out of Iraq, if they are pumping oil, it is being hidden somewhere, it ain't coming here.

[FreedomCalls]

Current production is 1.9 bbl a day from the port of Basra.

This compares favorably with pre-war levels from before the First Gulf War and is a level only reached after the First Gulf War in 1997.

[Southack]

"That is pretty funny, oil shipping fact is totally false."

You were ill-informed. I've gone to the trouble to include actual LINKS to my sources. You've got no excuse for being uninformed in the future.

"Iraq's actual oil production has been declining for years. Its peak was 3.5 million barrels a day in July 1990, just before Iraq invaded Kuwait. [By 2002], Iraq was producing only about 2.1 million barrels a day..." - MARGARET WARNER  http://www.pbs.org/newshour/bb/middle_east/july-dec03/oil_10-23.html

 

 

"As of early November 2004, Iraqi oil output was fluctuating somewhat, but generally was averaging around 2.2 million barrels per day (bbl/d) on a "gross" basis..." - DOE Briefing  http://www.eia.doe.gov/emeu/cabs/iraq.html