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Three oil fields discovered in Iraq

From Alsamaria.

Minister of natural resources Ashti Horami in Kurdistan Regional Government announced that three oil fields were discovered containing 2 billion barrels noting that two crude oil refineries will be established to refine 100 000 barrels a day.

Interesting, the Kurds have already signed contracts to recover this oil. Heck, its only 2 billion barrels of oil. Oh, forgot, Iraqis do not have restrictions like we do in America which is preventing us from drilling for well over 100 billion barrels of oil. If one also included the approximately 200 billion barrels discovered in North Dakota, we have plenty of oil. We just need to drill for it.

For a full read, click here.

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