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Debating Iraq's Winners
Debating Iraq's Winners
Philippe Le Billon
May 14, 2007
Bill Emmott is right to argue that the Iraq war triggered record oil prices, making petrostates some of the war’s biggest winners (”Who Wins in Iraq? The Price of Oil,“ March/April 2007). But he fails to mention oil companies. The war in Iraq has delivered them unprecedented profits. Now, Iraq’s new government is about to hand over massive and easily accessible oil reserves through productionsharing agreements, an extremely rare opportunity in today’s oil sector. Click here to read the full article.
 
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