>>>The oil companies will spend billions updating the infrastructure and will only be able to extract for a few years before Iraq nationalizes the entire industry. Hence the 75% early return. Watch the market's reaction when this is actually passed.
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>>Jake, do you think the oil companies are doing this out of the goodness of their hearts or do you think they might want to make a small ROI?
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>Investment? What investment?
Well Jake says they will need to build infrastructure in order to exploit the oil reserves. That is done in order to make a return. The infrastructure is an investment made to create a return, no?
In the End, we will remember not the words of our enemies, but the silence of our friends - Martin Luther King, Jr.