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Failure to live up to those hopeful projections will send prices much higher than the 2035 price of $128 per barrel that the IEA predicts

Violence Threatens to Thwart Iraqi Oil Resurgence


By Nicholas Cunningham—— Bio and Archives--January 10, 2014

World News | Comments | Back To Full Article

A wave of violence has swept parts of Iraq at the start of 2014 as the central government fights backagainst Al-Qaeda aligned militants in Anbar Province. The Islamic State of Iraq and the Levant (ISIL) reportedly took control of Ramadi and Fallujah, bombing police headquarters and killing dozens. On New Year's Day Prime Minister Nouri al-Maliki sent in reinforcements to take back control of Anbar Province's two largest cities. The clashes kick off 2014 in much the same way as 2013 ended – a return to violence in a country that had seen important security gains in recent years.
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