Monday, January 02, 2006

He Didn't Read the News Any Day, Oh Boy

The United States has a vital interest in the success of a free Iraq, so in the year ahead, we will continue to pursue the comprehensive strategy for victory that I have discussed with you in recent weeks....our coalition is overcoming earlier setbacks and moving forward with a reconstruction plan to rebuild Iraq's economy and infrastructure.
--President Bush, December 31, 2005 radio address

Iraq's oil exports hit their lowest level since the war, according to figures released on Monday, heightening a sense of crisis as fuel supplies grow scarce and political leaders struggle to form a government.

Iraq exported 1.1 million barrels per day (bpd) of oil in December, a senior official said -- less than any month since exports resumed in mid-2003 after the U.S. invasion and about half the level seen during sanctions under Saddam Hussein.
--Reuters news story, January 2, 2006


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