Why did the U.S. invade Iraq in 2003?<br />
 U.S. intelligence produced reports showing Saddam Hussein was in possession of nuclear weapons.<br />
DHL, Aid and Iraqi Oil<br />Implications of the Draft Hydrocarbon Legislation and Foreign Aid on the Iraqi Oil Infrastruct...
Background Information<br />Oil in Iraq<br />Number one export<br />Third largest known reserves in the world<br />Oil Inf...
Crude Oil Statistics<br />
Crude Oil Statistics (Cont.)<br />
Draft Hydrocarbon Legislation<br />Undivided ownership of Oil wealth<br />Creation of Oil bodies<br />FOGC<br />INOC<br />...
Trade Facilitation through Monetary Policy<br />Aid for Trade<br />Pre-Invasion<br />Oil For Food Program<br />IRRF<br />C...
Impact on Oil Policy<br />Economic dependence on Oil <br />Created more secure environment<br />Future investment<br />For...
Problems With DHL and Current Programs<br />DHL problems with Federal vs. Regional control<br />Contracting<br />Fund dist...
Analysis<br />Need for a DHL<br />Ratification<br />Clearly defined allocation<br />Contract Distribution Mechanism<br />O...
Questions?<br />
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Iraq Oil

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Iraq Oil

  1. 1. Why did the U.S. invade Iraq in 2003?<br />
  2. 2. U.S. intelligence produced reports showing Saddam Hussein was in possession of nuclear weapons.<br />
  3. 3. DHL, Aid and Iraqi Oil<br />Implications of the Draft Hydrocarbon Legislation and Foreign Aid on the Iraqi Oil Infrastructure and Trade Mechanisms.<br />
  4. 4. Background Information<br />Oil in Iraq<br />Number one export<br />Third largest known reserves in the world<br />Oil Infrastructure Basics<br />Current Law<br />Allocations<br />Security Environment<br />Invasion<br />Current<br />
  5. 5. Crude Oil Statistics<br />
  6. 6. Crude Oil Statistics (Cont.)<br />
  7. 7. Draft Hydrocarbon Legislation<br />Undivided ownership of Oil wealth<br />Creation of Oil bodies<br />FOGC<br />INOC<br />MOI<br />Contract Regulation<br />
  8. 8. Trade Facilitation through Monetary Policy<br />Aid for Trade<br />Pre-Invasion<br />Oil For Food Program<br />IRRF<br />Creation of CPA<br />Security Funds<br />IMF Funds<br />Post-Conflict Assistance <br />SBA’s<br />
  9. 9. Impact on Oil Policy<br />Economic dependence on Oil <br />Created more secure environment<br />Future investment<br />Foreign influence in Policy making mechanisms<br />PSAs<br />Regional Contracts<br />
  10. 10. Problems With DHL and Current Programs<br />DHL problems with Federal vs. Regional control<br />Contracting<br />Fund distribution<br />PSAs<br />Internal Issues<br />Refining<br />Corruption<br />Oil Smuggling<br />
  11. 11. Analysis<br />Need for a DHL<br />Ratification<br />Clearly defined allocation<br />Contract Distribution Mechanism<br />Other additions<br />Security<br />Anti-Corruption mechanism<br />Aid<br />Overall beneficial<br />Can eventually impinge upon Iraq<br />
  12. 12. Questions?<br />

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