Iraq doesn't seem to have that much oil either, at the moment and for
a while to come. Certainly has the potential for abundant oil money
of course.

Actually, quite a bit. Production is now close to pre-war levels: 2.5
BILLION barrels a day, of which 1.9 billion barrels is exported. The
production by year-end could be above its 1991 levels and bumping up
against its then-OPEC quota.

This is good news. Good news about Iraq doesn't get much play in the
media in the U.S., and I suspect this is even more true in Europe.

all the best -- Dan Ford
email: -- put Cubdriver in subject line!

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