On Oil, Iraq Gets in its Own Way
The
International Energy Agency announced it was set to review Iraq's
energy sector as part of its World Energy Outlook for 2012. Last year,
the IEA said Iraq was on pace to provide the largest single increase to
global oil production in the coming years. In December, however, the
agency warned that domestic politics could get in the way of energy
developments. Given Iraq's post-war political track record, it might be
awhile before Iraq realizes its full oil potential. Iraqi officials had
said they hoped the IEA's assessment would give them…Read more...
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