RealNews

Iraq Oil Pipeline Hit, Exports Reeling

Saboteurs attacked a strategic oil pipeline linking Iraq’s northern and southern fields on Sunday, further cutting exports that were halved by a hole blown in another pipeline a day before, officials and witnesses said. The attacks on oil — Iraq’s economic lifeblood — undermine the new Iraqi government’s attempt to bring about economic recovery and improve the poor living conditions that feed insurgency and political unrest. An international oil company executive said the attackers had good intelligence. “They seem to have access to maps and inside information about pumping. They do not want any body to do business in Iraq, and they are succeeding,” he said. Full Story

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