Iraq wants to up production to parity with the Saudis

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    Jan 29, 2014 12:51 PM GMT
    http://www.telegraph.co.uk/finance/newsbysector/energy/10601899/Iraq-and-Iran-plot-oil-revolution-in-challenge-to-Saudi-Arabia.html

    Shocking that

    "Crude oil exports account for 93% of government revenues"
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    Jan 29, 2014 5:44 PM GMT
    Shocking because it's government revenue and not general revenue? Or that oil is all they've got?
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    Jan 29, 2014 6:26 PM GMT
    Lumpyoatmeal saidShocking because it's government revenue and not general revenue? Or that oil is all they've got?


    I think that's about right. I'm not aware that they do anything else as they're too busy fighting.
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    Jan 29, 2014 7:27 PM GMT
    lol why the hell wouldn't they? It's all the Saudi's got too. And Kuwait and Russia and Nigeria and Venezuela and . . .
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    Jan 29, 2014 7:51 PM GMT
    You might enjoy this book. It was an easy read for me.

    http://goo.gl/ylG0ux

    Edited to fix it so that it's the general page, not just kindle.
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    Jan 29, 2014 10:13 PM GMT
    freedomisntfree said
    Lumpyoatmeal saidShocking because it's government revenue and not general revenue? Or that oil is all they've got?

    I think that's about right. I'm not aware that they do anything else as they're too busy fighting.

    With all the money the Arabs are raking in from their oil you'd think they'd do something intelligent with it like create the world's best universities and research centers, instead of building stupid glitzy crap like a mile high tennis court.
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    Jan 29, 2014 10:21 PM GMT
    Lumpyoatmeal said
    freedomisntfree said
    Lumpyoatmeal saidShocking because it's government revenue and not general revenue? Or that oil is all they've got?

    I think that's about right. I'm not aware that they do anything else as they're too busy fighting.

    With all the money the Arabs are raking in from their oil you'd think they'd do something intelligent with it like create the world's best universities and research centers, instead of building stupid glitzy crap like a mile high tennis court.


    no, Muslims prefer to keep their kids stupid and the rich send their kids to NYU and UPenn