Wednesday, September 24, 2003
About that Iraqi oil ...
Bruce Stanley of AP writes:
Got it. Use Iraq to split OPEC and drive oil prices down. Worth going to war over? For some, perhaps.
Earlier Wednesday, Iraqi Oil Minister Ibrahim Bahr al-Uloum said Iraq plans to remain a member of OPEC, dismissing any suggestions that the U.S.-occupied country would withdraw from the producers' group it helped found.
Iraq's role in the cartel has been the subject of debate for months, with some U.S. officials suggesting it drop out of the cartel to avoid the constraints of export quotas that would one day apply to its slowly recovering oil output.
Got it. Use Iraq to split OPEC and drive oil prices down. Worth going to war over? For some, perhaps.