Iraq’s oil Reserves will prove to be even more then what is said. Iraq will have the capabilities to fill the world’s oil gap for at least 10 or 20 years if they get stability over there. In that amount of time the oil wealth could propel Babylon to become the newest world class city just in time for the Antichrist figure around 2030 AD. Ten million barrels per day would work out to over $25,000 a year for each family in Iraq every year after all costs of production. If someone were selling that point to the Iraq people it just might give them the incentives to find peace. I think it will happen but only after world Islamic Fascism is dealt a near fatal blow.
World Tribune — Report: Iraq may have world’s second largest oil reserves
Iraqi oil production could double in five years, according to a new study.
The report found that Iraq’s oil reserves may be almost twice as much as previously estimated. The study by the U.S. consultancy IHS said another 100 billion barrels of oil reserves could be found in Iraq.
IHS said the estimate would rank Iraq as having the second largest reserves in the world