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Iraqs Wealth- Nov-21-2010

rags2riches4life

By rags2riches4life,
in Iraq & Dinar Related News

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rags2riches4life

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Iraq sits on top of some of the world's largest oil reserves, although production has failed to grow significantly since the 2003 U.S.-led invasion and subsequent reluctance by private investors to mine the vast petroleum fields. There are an estimated 143.1 billion barrels of oil reserves in Iraq, valued at over $11 trillion, based on the $81.51 per-barrel price as of Friday.

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