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Oil

It is easy to see why DWI would like to consider Iraqi oil reserves for its exploration, drilling, refining, and transport. Iraq has become a popular country for there oil. Over the past decade since the 1991 Gulf War, many companies from over 12 countries have been signing deals to develop the Iraqi oil reserves, as part of the limited United Nations "Oil-for-Food" program. Many of these companies were from Russia and France, and both countries keep their Iraqi oil concessions for financial reasons. (ABC News)

More than a fourth of Iraqis surveyed described themselves as being poor and 96 percent said they receive monthly food rations under the public food system set up through the "Oil-for-Food" program. The median income in Iraq was equivalent to about $255 (366,000 dinars) in 2003 and decreased in the first half of 2004 to about $144 (207,000 dinars). (Report paints grim picture of Iraqi life) This could be a little misleading for some. You may see numbers like this and feel......


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Approximate Word Count: 358
Approximate Pages: 2 (250 words per double-spaced page)

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