Quote:
Originally Posted by Broadsword2004
Iraq they believe has some oil fields bigger than Saudi Arabia's I think.
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Plenty of stuff in the works:
http://www.reuters.com/article/idUSL...pe=marketsNews
http://www.dailystar.com.lb/article....icle_id=110432
http://www.hazardexonthenet.net/arti...rticleID=30694
Another 9-10 mbp of production coming from Iraq on top of the 6 mpd spare capacity OPEC has... 
The $64xxxxxxxx question: why would the price of oil be climbing right now?
Perhaps peak oil is coming and some financial players know it.
Perhaps an oil glut is coming and some financial players know it...and are planning to profit off of the price collapse.
Time will tell.
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Make a decision, and then make it the right one through your actions.
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