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Not sure why you pick on Iraq especially, but all of these producers are looking out for themselves - or rather their ruling families or tribes in the short term.
At least when OPEC had influence they looked long term - hence the increase in production in the 80s after the shortages of the 70s.
The fall in the influence of OPEC is especially worrying long term.
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[I]So long and thanks for all the fish.[/I]
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