If OPEC does not agree to or allow [Iraq] to export and pump more oil, they are considering leaving OPEC… One Middle East country has already decided to leave OPEC and Iraq threatening to leave OPEC or even thinking about leaving OPEC is a dangerous situation IMO. OPEC, although it may or may not be a cartel…has protected the Middle East and their resources for decades…The thought of Iraq leaving OPEC frightens me. Yes, it could mean a lot more oil revenue, but that’s not going to help the currency adjustment situation. The IMF and the World Bank has already told Iraq they need strong streams of revenue outside of the oil industry before they can be considered to be reliable, stable economy. :Sandy Ingram
