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Originally posted by Nicko: Yea, ok maybe... but what if they decided not to sell any to the US? Or what if they joined OPEC? |
Iraq is a member of OPEC. The question is if it will stay a member after it will start selling oil at 2x-3x its quota in order to pay for the war and reconstruction.
And, of course, if OPEC does not collapse due to the low oil prices.