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Revitalizing the Iraqi Oil Industry: Implications for the World Oil Market

Recorded on June 3, 2004

Location: The Heritage Foundation's Lehrman Auditorium

Despite significant security threats and political uncertainty, the Iraqi oil industry has made a remarkable recovery from war, sanctions, and widespread neglect under the rule of Saddam Hussein. How rapidly can Iraqi oil production be expanded? What are the implications for world oil prices and international energy security? How should Iraq's oil revenues be distributed to best serve the needs of its people?