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Home Economics

Oil and “Dark Lord”

by Daniel Brown
2014/08/12
in Economics, HOME
1 min read
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Oil and "Dark Lord"
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President Barack Obama intends to authorize air strikes against Iraq. Their intentions, which could be called intervention, he calls a humanitarian trying to save thousands of citizens and protect the American experts.

A natural question arises: where does the oil? It turns out that all quite simple – officially protecting the Yezidis, bumps will cause the area of ​​Erbil, which is slightly to the east of the place where the refugees stayed. This region is the administrative center of the oil industry of Kurdistan with a dense network of fields and wells. If the area becomes an independent state, and its reserves of black gold will occupy 9th place in the world and capturing Erbil, Islamic State of Iraq and the Levant would be a serious blow to the oil market, experts TeleTrade.

American air strikes give LIH understand that you can do, and what not. Naturally, no one will dispute the fact that the stability of the oil market, a very nice thing, it’s better to call a thing by its name, otherwise, you can forget about the main goal. Such examples have been: in Libya, too, it all began with the oil, and finish the fight against the dictatorship. As a result, affected the stability of supply.

Tags: AmericanIraqoil
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