Tag Archives : hydrocarbon preserves
Iraq Petro-State: the ironically cruel fate of owning vast untapped oil reserves
Modern Iraq is all about oil. It exists for and because of it. Its turmoil and troubles are due to it. Wars have been waged on the country’s soil because of the black gold mine that lies under the ground. Iraq has ‘one of the world’s great hydrocarbon preserves,’ with proven oil reserves of 115 billion barrels. It is the third largest oil [...]
Filed in: Critic, Society & Culture
