Saturday, July 26, 2008

More good news from Iraq

More oil coming out of there:

"An American agency monitoring reconstruction in Iraq said Friday that oil exports through Iraq’s northern pipeline rose more than tenfold over the past year, citing a sharp drop in attacks on the pipeline and new infrastructure built to protect it. The agency, the Office of the Special Inspector General for Iraq Reconstruction, said in a report for release on Saturday that there had been no insurgent attacks on the pipeline, which exports crude oil from northern Iraq to Turkey, since the American infrastructure project began last July. As a result, crude oil exports from Iraq’s north rose from an average of 1 million barrels a month to more than 13 million, the report said. Nearly all of the Iraqi government’s revenue comes from oil exports, so the increased flow has direct implications for people here. The increased exports were worth $8 billion, the report said."

We're winning in Iraq; don't let anyone tell you differently.