Do you mean will power ever be restored to the areas it was taken out via NATO. Gas is an export product now, so is water. What is the price of gas in Iraq now?
Government officials in Baghdad and Washington claim that the cause of the gasoline shortage is "insurgent" or "terrorist" activity but the trucking companies say that the problem is often corruption and common criminal activity.
Iraq's gasoline comes from two sources: domestic refineries process a limited amount of the nation's crude into gasoline, but it is imports from neighboring nations that run most of the country's vehicles and generators. Saudi Arabia and Turkey supply more than half of Iraq's domestic needs. In August 2005, after Iraq's debt rose into the millions, Saudi Arabia turned off the spigot. On January 21st, after Baghdad's unpaid bill topped a billion dollars, Turkey stopped loading gasoline for Iraq.
The supply from Kuwait is also drying up. Lloyd-Owen International (LOI), a Florida-based company, had arranged to truck in 1.3 billion liters of gasoline from the Kuwait Petroleum Corporation to gas stations throughout Iraq over the last 19 months. On February 2, Alan Waller, chief executive officer of LOI, stopped supplies to Baghdad because of payment arrears. By this weekend, Iraq's imports had plummeted from the previous norm of 12 million liters a day to three million.
To make matters worse, sabotage and cold weather have plunged Iraq's own oil production and refining into crisis. Despite sitting on the world's third biggest oil reserves, Iraq's exports slumped from a high of 2.1 million barrels per day just 1.1 million barrels a day in December, their lowest level since the war in 2003.
This slide, together with the delivery crisis, has led to major gasoline shortages in Baghdad, where vulnerable drivers wait in quarter-mile-long lines. The capital's erratic electricity has exacerbated the problem by forcing people to run to gas-hungry generators to keep the lights on and the air conditioning running in their houses and stores.
www.corpwatch.org/article.php?id=13249 (external - login to view)
Any comments on the apparent contradiction in the first bolded part below and aren't 'perks' just what was in place before the fake revolution?
Abdul-Jalil said new banks would be set up to follow the Islamic banking system, which bans charging interest. For the time being, he said interest would be canceled from any personal loans
already taken out less than 10,000 Libyan dinars (about $7,500).
He also announced that all military personnel and civilians who have taken part in the fight against Gadhafi would be promoted to the rank above their existing one. He said a package of perks would later be announced for all fighters.
Libya's transitional leader declares liberation - Yahoo! News (external - login to view)
Last edited by MHz; Oct 24th, 2011 at 07:06 AM..