"Insurgent attacks on Iraq's vital oil industry have cost the country nearly $US8 billion in lost export revenue since March 2003, Oil Minister Thamer Ghadban said on Sunday." reports AFP on the ABC News
Pete's Points
Since Osama Bin Laden called for the jihad to be extended to a denial of oil to the American 'invaders' as he calls them, the results have been obvious. Iraqis face petrol shortages in spite of sitting on the world's second largest oil reserves and only 1.8 million barrels a day are being exported from the southern fields via Basra (controlled by the British one could add).
In addition a defence spokesperson in Baghdad indicated that in his view there are over 200,000 insurgents in Iraq. If true, this is a greater force than all of the "allied" troops that are in the country.
What a way to fight a war against terrorism!
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