$12 billion a month on IRAQ

[bat1]

What are we getting in return?

IRAQ is sitting on over $100,000 billion in oil


reality is IRAQ is richer then the U.S.A

SOMEBODY STOP THIS MADNESS!!!!!

 

[selecto]

I saw some caculations that showed that by the time the war is done, the costs will be about $40.00 a barrel for all the known reserves of oil in Iraq.

Then there's the dead people.

 

[Businessman]

Quote from bat1:

What are we getting in return?

IRAQ is sitting on over $100,000 billion in oil


reality is IRAQ is richer then the U.S.A

SOMEBODY STOP THIS MADNESS!!!!!

I dont think Iraq has 1 trillion barrels of untapped crude.

Maybe 100 million Barrels.

That would be $11 Trillion at todays prices.

Perhaps if the price goes to $200 in a few years it will be worth 20T..

 

[nkhoi]

Quote from bat1:

...
SOMEBODY STOP THIS MADNESS!!!!!

so sorry! I don't think anybody can help you!

 

[Emini_Elvis]

111 bbl Proven reserves
300 bbl optimistic estimates of possible reserves.
From what I understand the the geology in the region is favorable to recovery so the cost of production can be very low.

I think its realistic to hope the money invested can be recovered.

Iraq will save the world economy