How U.S. Oil Is Moving Into Iraq

From Rigzone:

“While very few people were paying attention, ConocoPhillips has a chance to become the first U.S. company to do business in post Saddam Iraq. To be sure, the situation is tenuous, and speculative. But it is an ingenious ploy, that could well pay off in the intermediate future, and become a business model that allows for the U.S. and Russia to start some kind of partnership in global oil ventures.
…
OPEC finally has some potential major competition.”
Rigzonee