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To: Smokin' Joe

ISIL controls up to 350,000 barrels per day of pre-war oil production capacity in Iraq and Syria but is only able to produce 50,000 to 60,000 barrels a day, says IHS. That is because of warfare, shut-ins and ISIL’s limited technical capabilities.

ISIL sells its oil by transporting it in trucks through smuggling routes on the Turkish border, IHS reports. The oil is sold for an estimated $40 a barrel, compared to the current $85 per barrel for Dated Brent, the international oil benchmark.

http://www.industryweek.com/blog/isils-800-million-oil-business


4 posted on 10/24/2014 5:49:24 AM PDT by thackney (life is fragile, handle with prayer.)
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To: thackney

For $45/barrel, there are a lot of people who would deal with the Devil himself.

We should bomb every bit of oil infrastructure in ISIS controlled areas, without exception.


5 posted on 10/24/2014 5:58:27 AM PDT by Haiku Guy (Health Care Haiku: If You Have a Right / To the Labor I Provide / I Must Be Your Slave)
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To: thackney

What could be done with a few A-10 gun runs....


7 posted on 10/24/2014 8:07:02 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: thackney
ISIL sells its oil by transporting it in trucks through smuggling routes on the Turkish border

Just look for the sign Welcome to Turkey.

9 posted on 10/24/2014 8:11:34 AM PDT by McGruff (The whole Omama Administration is a breach in protocol)
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