# Iraqi Oil Question **URL:** \ **Category:** Factual Questions\ **Created:** [March 21, 2013, 2:56pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536 "2013-03-21T14:56:50Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![dolphinboy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dolphinboy/32/330_2.png) [@dolphinboy](https://boards.straightdope.com/u/dolphinboy)\ **Post date:** [March 21, 2013, 2:56pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/1 "2013-03-21T14:56:50Z")
Let’s try to keep this out of GD territory… You hear some people talk about the fact that the US was promised cheap oil after the ouster of Saddam. I don’t know who could have ever made that promise, but is the West in fact buying oil from Iraq these days and do we get the “we saved your country from a madman” discount? I assume that any oil that Iraq has is being sold to anyone on the open market just like Saudi or Venezuelan oil. Can someone please confirm that? ---
**Author:** ![AK84](https://avatars.discourse-cdn.com/v4/letter/a/85e7bf/32.png) [@AK84](https://boards.straightdope.com/u/AK84)\ **Post date:** [March 21, 2013, 3:28pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/2 "2013-03-21T15:28:45Z")
Yes the West is buying Iraqi oil, the oil sector is booming in fact. ---
**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\ **Post date:** [March 21, 2013, 3:51pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/3 "2013-03-21T15:51:23Z")
[Here](http://www.businessweek.com/articles/2012-12-20/iraqs-oil-surge-could-threaten-the-saudis) is a report from a couple months ago about the booming Iraqi oil industry. The biggest beneficiary of their oil boom is [China](http://www.businessweek.com/articles/2013-01-17/a-chinese-oil-company-may-buy-exxons-iraq-stake). The US did not get any oil or special considerations for oil due to the Iraq War. ---
**Author:** ![dolphinboy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dolphinboy/32/330_2.png) [@dolphinboy](https://boards.straightdope.com/u/dolphinboy)\ **Post date:** [March 21, 2013, 3:57pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/4 "2013-03-21T15:57:51Z")
> [@Loach](#): > > [Here](http://www.businessweek.com/articles/2012-12-20/iraqs-oil-surge-could-threaten-the-saudis) is a report from a couple months ago about the booming Iraqi oil industry. > > The biggest beneficiary of their oil boom is [China](http://www.businessweek.com/articles/2013-01-17/a-chinese-oil-company-may-buy-exxons-iraq-stake). > > The US did not get any oil or special considerations for oil due to the Iraq War. Thanks! ---
**Author:** ![Ramira](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ramira/32/344_2.png) [@Ramira](https://boards.straightdope.com/u/Ramira)\ **Post date:** [March 21, 2013, 4:51pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/5 "2013-03-21T16:51:35Z")
This is a report on the way that the Iraqi oil sector is selling oil, [http://eiti.org/files/IEITI-2010-Report.pdf](http://eiti.org/files/IEITI-2010-Report.pdf) ---
**Author:** ![harmonicamoon](https://avatars.discourse-cdn.com/v4/letter/h/65b543/32.png) [@harmonicamoon](https://boards.straightdope.com/u/harmonicamoon)\ **Post date:** [March 21, 2013, 5:31pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/6 "2013-03-21T17:31:01Z")
I believe the OP is referring to the Bush administration stating that Iraqi oil will pay for the reconstruction. > **[U.S.-Iraq War | Pros, Cons, Debate, Arguments, Middle East, & Terrorism |...](https://www.britannica.com/procon/US-Iraq-War-debate)** > > Should the U.S. Have Attacked Iraq? > [@](#): > > Donald Rumsfeld, US Secretary of Defense at the time of the quote, on Oct. 2, 2003, stated in a Pentagon news conference: > > ``` > "The bulk of the funds for Iraq's reconstruction will come from Iraqis -- from oil revenues, recovered assets, international trade, direct foreign investment -- as well as some contributions we've already received and hope to receive from the international community." > > ``` ---
**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\ **Post date:** [March 21, 2013, 6:34pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/7 "2013-03-21T18:34:14Z")
> [@harmonicamoon](#): > > I believe the OP is referring to the Bush administration stating that Iraqi oil will pay for the reconstruction. > [U.S.-Iraq War | Pros, Cons, Debate, Arguments, Middle East, & Terrorism | Britannica](http://usiraq.procon.org/view.answers.php?questionID=000946) Yeah that didn’t work out too well. ---
**Author:** ![Learjeff](https://avatars.discourse-cdn.com/v4/letter/l/94ad74/32.png) [@Learjeff](https://boards.straightdope.com/u/Learjeff)\ **Post date:** [March 21, 2013, 10:12pm UTC](https://boards.straightdope.com/t/iraqi-oil-question/653536/8 "2013-03-21T22:12:04Z")
LOL