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Isis Inc: how oil fuels the jihadi terrorists
The Financial Times ^ | October 14, 2015 | Erika Solomon in Beirut, Guy Chazan and Sam Jones in London

Posted on 10/15/2015 9:34:56 AM PDT by Freelance Warrior

On the outskirts of al-Omar oilfield in eastern Syria, with warplanes flying overhead, a line of trucks stretches for 6km. Some drivers wait for a month to fill up with crude.[...]

This is the land of Isis, the jihadi organisation in control of swaths of Syrian and Iraqi territory. The trade in oil has been declared a prime target by the international military coalition fighting the group. And yet it goes on, undisturbed.[...]

But more than a year after US President Barack Obama launched an international coalition to fight Isis, the bustling trade at al-Omar and at least eight other fields has come to symbolise the dilemma the campaign faces: how to bring down the “caliphate” without destabilising the life of the estimated 10m civilians in areas under Isis control, and punishing the west’s allies?[...]

The oil is sold at the wellhead for between $20 and $45 a barrel, earning the militants an average of $1.5m a day [...]

While al-Qaeda depended on donations from wealthy foreign sponsors, Isis has derived its financial strength from its status as monopoly producer of an commodity consumed in vast quantities throughout the area it controls.

Indeed, diesel and petrol produced in Isis areas are not only consumed in territory the group controls but in areas that are technically at war with it, such as Syria’s rebel-held north: the region is dependent on the jihadis’ fuel for its survival. Hospitals, shops, tractors and machinery used to pull victims out of rubble run on generators that are powered by Isis oil.[...]

“It’s a situation that makes you laugh and cry,” said one Syrian rebel commander in Aleppo, who buys diesel from Isis areas even as his forces fight the group on the front lines.”

(Excerpt) Read more at ft.com ...


TOPICS: Foreign Affairs; Russia; Syria
KEYWORDS: energy; isis; isisoil; oil; syria

1 posted on 10/15/2015 9:34:56 AM PDT by Freelance Warrior
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To: Freelance Warrior

Thanks Obammunist jihadist.


2 posted on 10/15/2015 9:41:05 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: Freelance Warrior

Why aren’t these wells, trucks and subhumans manning them obliterated?


3 posted on 10/15/2015 9:42:02 AM PDT by One_American
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To: Freelance Warrior

4 posted on 10/15/2015 9:43:39 AM PDT by frithguild (The warmth and goodness of Gaia is a nuclear reactor in the Earth's core that burns Thorium)
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To: Freelance Warrior

Except given that oil consuming countries around the world are getting increasingly leery of buying oil from the politically unstable Middle East, Nigeria and Venezuela. Small wonder why everyone is searching for alternatives, including reducing dependence on oil, period.


5 posted on 10/15/2015 9:54:57 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Freelance Warrior

It should have been bombed. A line of trucks 3 miles long. THAT is our air campaign. A total joke. Maybe a Sukhoi will nail it.


6 posted on 10/15/2015 9:56:46 AM PDT by DesertRhino ("I want those feeble minded asses overthrown,,,")
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To: One_American
Why aren’t these wells, trucks and subhumans manning them obliterated?

Well, the FT has said that the civilian Syria depends on the wells. So the wells must be taken from ISIS intact. This requires a ground operation (likely a special forces' one).

7 posted on 10/15/2015 9:57:30 AM PDT by Freelance Warrior (A Russian.)
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To: One_American

Probably for the same reason we never wiped out the poppy fields of Afghanistan. If I were Putin, knowing that heroin is the opium of the people and not religion, I would napalm the fields.


8 posted on 10/15/2015 9:57:40 AM PDT by huldah1776
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To: Freelance Warrior

So who said “take the oil away from ISIS”? Oh yeh Trump.


9 posted on 10/15/2015 9:59:15 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: RayChuang88
oil consuming countries around the world are getting increasingly leery of buying oil from the politically unstable Middle East, Nigeria and Venezuela

Sales from Nigeria are down because their biggest customer of the light sweet was the US. Our shale oil production has greatly replaced the need at the refineries that used it. Plus production problems due to their own internal sabotage and theft of oil.

Venezuela exports are down because their production is down from lack of investment.

Middle East oil exports are up.

10 posted on 10/15/2015 10:00:23 AM PDT by thackney (life is fragile, handle with prayer)
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To: DesertRhino
It should have been bombed. A line of trucks 3 miles long. THAT is our air campaign. A total joke. Maybe a Sukhoi will nail it.

Those trucks aren't ISIS, but ISIS's customers, including the US-supported 'rebels'. Once a Sukhoi's nailed it the [Obama's] USA will decry Russia for barbarism, genocide, etc.

11 posted on 10/15/2015 10:01:00 AM PDT by Freelance Warrior (A Russian.)
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To: Georgia Girl 2
So who said “take the oil away from ISIS”? Oh yeh Trump.

It's a classic "words are easy" situation. WHO will take the oil from ISIS? US Seals? Russian General Staff's spetznaz? Nobody's ready to take the risk.

12 posted on 10/15/2015 10:05:00 AM PDT by Freelance Warrior (A Russian.)
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To: Freelance Warrior
Well, the FT has said that the civilian Syria depends on the wells. So the wells must be taken from ISIS intact. This requires a ground operation (likely a special forces' one).

I see what you are saying but how about a few gunships to shoot up the trucks and any one who tries to get near the place? To let these animals carry on unmolested is wrong.

13 posted on 10/15/2015 10:06:04 AM PDT by One_American
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To: Freelance Warrior
WHO will take the oil from ISIS? US Seals? Russian General Staff's spetznaz? Nobody's ready to take the risk.

I expect Russia to start destroying it. It will help boost the global market price.

14 posted on 10/15/2015 10:07:48 AM PDT by thackney (life is fragile, handle with prayer)
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To: huldah1776
If I were Putin, knowing that heroin is the opium of the people and not religion, I would napalm the fields.

This will probably happen after Syria when Putin has realised what he can and what he can't dealing with the USA, which are at control of Afghanistan. Or supposed to be in control.

15 posted on 10/15/2015 10:07:58 AM PDT by Freelance Warrior (A Russian.)
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To: thackney
I expect Russia to start destroying it. It will help boost the global market price.

Some people say that another year of low oil prices will destroy the US fracking industry completely. Probably, that's the reason.

16 posted on 10/15/2015 10:13:11 AM PDT by Freelance Warrior (A Russian.)
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To: One_American
I see what you are saying but how about a few gunships to shoot up the trucks and any one who tries to get near the place? To let these animals carry on unmolested is wrong.

This would skip ISIS and kill civilian buyers - any Syrian kindergarten or hospital gets electricity from diesel made from the ISIS oil.

17 posted on 10/15/2015 10:16:07 AM PDT by Freelance Warrior (A Russian.)
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To: Freelance Warrior
Some people say that another year of low oil prices will destroy the US fracking industry completely.

Only said by those without knowledge and understanding of the hydraulic fracturing and shale production industries.

Continue to reduce, yes. Destroy? not a chance.

The oil fields won't be gone. The knowledge won't be gone. The equipment won't be gone. Also:

https://www.dmr.nd.gov/oilgas/BreakevenHistorical.pdf

18 posted on 10/15/2015 10:18:31 AM PDT by thackney (life is fragile, handle with prayer)
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To: Freelance Warrior

So what? I couldn’t give a hot defecation. You buy from isis, at the isis refinery, you deserve to get blasted.
This is how wars are won.

Cutting off their fuel and cash is top priority. Who cares if they are “our” rebels? And why are “our” rebels that cozy with isis?


19 posted on 10/15/2015 10:42:39 AM PDT by DesertRhino ("I want those feeble minded asses overthrown,,,")
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To: Freelance Warrior

“This would skip ISIS and kill civilian buyers - any Syrian kindergarten or hospital gets electricity from diesel made from the ISIS oil.”

So what? You blast them from the air. No Special Forces, no economic games, etc. You flatten the refinery. It can be rebuilt by Halliburton later.
Avoiding hitting their infrastructure, because the Syrian people NEED their services? That is utterly insane, why not just give ‘em the deed to that part of country and be done with it?

And as for special forces, yeah,,, lets send them into a battle, inside a refinery. Think that all the way through.


20 posted on 10/15/2015 10:54:15 AM PDT by DesertRhino ("I want those feeble minded asses overthrown,,,")
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