Study: Iraq must overcome logistical, political challenges to become oil leader
Thursday, July 28, 2011 - 11:02
in Mathematics & Economics
Iraq's large oil-production potential could put it in a position to vie for leadership with Saudi Arabia in the world oil scene in the coming decades. But a new energy study released today by Rice University's Baker Institute for Public Policy finds that in the near term, both Baghdad and Riyadh may have difficulty meeting rising demand for oil.