Monday, 3 November 2014

The Caliph fit to join OPEC
By Pepe Escobar 

Islamic State leader Caliph Ibrahim - aka Abu Bakr al-Baghdadi - never ceases to amaze us - and most of all his powerful petrodollar-stuffed backers. The Caliph is for all practical purposes now an oil major worth of membership of the Organization of the Petroleum Exporting Countries (OPEC). Histakfiri/mercenary goons - in theory - have for some time been extracting, refining, shipping and/or smuggling and clinching juicy deals involving vast quantities of oil, reaping profits of roughly US$2 million a day. 
http://www.atimes.com/atimes/Middle_East/MID-01-311014.html

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