Hi dg:

You are our resident genius...

if it's true that Iraq is the 3rd largest producer of oil in the world...


and if Iraq is still producing and exporting oil...

how much of Iraq's oil is being produced and sold to the U.S.A....

and at what price per barrel ???

hippolips

From Wikipedia -

In order of amount produced in 2006 in thousand bbl/d and thousand m³/d:

Producing Nation (2006).......(10³bbl/d).......(10³m3/d)

1 Saudi Arabia (OPEC) 10,665 1,704
2 Russia 1 9,677 1,537
3 United States 1 8,331 1,330
4 Iran (OPEC) 4,148 659
5 China 3,858 610
6 Mexico 1 3,707 589
7 Canada 2 3,288 523
8 United Arab Emirates (OPEC) 2,945 467
9 Venezuela (OPEC) 1 2,803 446
10 Norway 1 2,786 443
11 Kuwait (OPEC) 2,675 425
12 Nigeria (OPEC) 2,443 388
13 Brazil 2,166 344
14 Algeria (OPEC) 2,122 337
15 Iraq (OPEC) 3

Source: U.S. Energy Information Administration
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In order of net exports in 2006 in thousand bbl/d and thousand m³/d:

Exporting Nation (2006)......(10³bbl/d)......(10³m3/d)
1 Saudi Arabia (OPEC) 8,651 1,376
2 Russia 1 6,565 1,044
3 Norway 1 2,542 404
4 Iran (OPEC) 2,519 401
5 United Arab Emirates (OPEC) 2,515 400
6 Venezuela (OPEC) 1 2,203 350
7 Kuwait (OPEC) 2,150 342
8 Nigeria (OPEC) 2,146 341
9 Algeria (OPEC) 1 1,847 297
10 Mexico 1 1,676 266
11 Libya (OPEC) 1 1,525 242
12 Iraq (OPEC) 1,438 229
13 Angola (OPEC) 1,363 217
14 Kazakhstan 1,114 177
15 Canada 2 1,071 170

Source: U.S. Energy Information Administration

1 peak production already passed in this state

2 Canadian statistics are complicated by the fact it is both an importer and exporter of crude oil, and refines large amounts of oil for the U.S. market. It is the leading source of U.S. imports of oil and products, averaging 2.5 MMbbl/d in August 2007. [2].

Total world production/consumption (as of 2005) is approximately 84 million barrels per day (134,000 m³/d).
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I'm sorry, I don't know what Iraq sells its oil for, or to whom. But it is clear that our friends, the Sauds, control much more oil than Iraq, and more than anyone else. If only we knew someone who could just talk to those people, "jawbone" them in some way to lower prices. Do you know anyone with connections to the Saudi royal family?

Iraq does have the second largest reserves of oil in the world at 112 billion barrels. Iraq also has a possible 100 billion barrels in areas as yet unexplored and unexploited.[Source: US Energy Information Administration] This makes her of great interest to any industrialised power, the US included

Back in the month of December 2002 Iraq exported 11.3 million barrels to the US. At that time this figure put her on a par with the United Kingdom (11.7 million)in oil exports to the US. Other countries exporting to the US in that month included Saudi Arabia (56 million), Venezuela (20.2), Nigeria (19.3), Kuwait (5.9),Mexico (53.8), Norway (4.5) and Canada (46.2). Can't say whether this month was typical

Why do you need to a 'genius' to find out some facts and figures about oil?

quote:

Originally posted by newnickname:
Why do you need to a 'genius' to find out some facts and figures about oil?

Maybe not, but you'd definitely need a Personality