The most authoritative answer in 2024
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Mia Anderson——Studied at Stanford University, Lives in Palo Alto, CA
Oil in the ground is better than money in the bank. Iraq can sell 2 billion barrels per year that for
$200 billion at $100 per barrel. That amounts to $8000 per capita income. Selling one quarter of its potential reserves at $100 for the next 20 years will generate 90 billion x $100 =
$9 trillion.
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