Quote:
Originally Posted by Mutt
What is the yearly revenue derived from Iraq's oil?
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That's a tricky question, the government allegedly made $ 80 billion on crude oil exports in 2011, but this is just the money that make the state existing and functional.
What sort of deal they have with the big oil companies, what are the profit margins the corps may do, including the costs of extraction, transport, refining crude oil etc. no insider in this - plus the price of oil is highly fluctuable.
US should currently account for approx. 20 pct. of foreign big oil contractors according to the public data.
Perhaps somebody has a decent information source to cite.