Fantastic News!

One big ol hearty congratulations to Iraq as they prepare to increase oil production for sale.

Will the US benefit from the difference [in production]? If American oil companies can compete for those leases, they certainly may. But that is a decision for Iraqis, by Iraqis, which is exactly what we had in mind all along.

Good for them! And like Ed notes, this time any increase doesn’t go for a new castle for Sadaam or whatever else he may want. This time…..They’ll decide in the manner they decide.

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