bbbbbbut, that can’t be:
Iraqi oil production is above the levels seen before the US-led invasion of the country in 2003, according to the International Energy Agency (IEA). ” The IEA said Iraqi crude production is now running at 2.3 million barrels per day, compared with 1.9 million barrels at the start of this year.
H/T to Memeorandum for the link
It’d be nice to pretend this is a hedge against Iran’s oil weapon in the event of escalation, but let’s be honest: Given the size and strength of Iranian proxies in Iraq, those pipelines won’t last five minutes if Iran gives the word. In the short-term, though, it’s another hopeful sign for Bush to tout in the war-funding battle. Exit question: Do we trust the White House to be smart enough to mention this unprompted or are blogs going to have to nudge Dizzy Dana along?
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