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Kurds petition U.S. court to let tanker enter Texas

  • The tanker carrying 1M barrels of Kurdish crude oil is still situated in the Gulf of Mexico, as the dispute continues between the Kurdistan Regional Government and the Iraqi Oil Ministry.
  • Last week, a U.S. District Court ruled that the tanker was outside of its jurisdiction, but it would be seized should it enter U.S. waters.
  • Baghdad has argued that all oil sales outside of  its control are illegal, however, the Kurdistan Regional Government has asked the U.S. court to throw out the ruling.
  • Previously: Kurdish oil to be seized following order and arrest warrant
  • ETFs: USO, OIL, UCO, SCO, BNO, DTO, DBO, CRUD, USL, UWTI, DWTI, DNO, SZO, OLO, OLEM, TWTI
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Comments (1)
  • Blue22
    , contributor
    Comments (256) | Send Message
     
    Gee, that will sure help the Kurds who are at the moment fighting to protect the oil fields from the ISUS attacks? When what's left of the Iraqi government takes orders from Iran and their Army we spent a couple trillion on is a bad memory, it is time to support those who can protect the oil!

     

    Don't people remember Saddam burning the Southern oil fields? How much carbon did that create?
    5 Aug 2014, 03:18 PM Reply Like
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