Political Quotes

Elijah Cummings: “Iraq has the second largest oil reserves in the world, with 112 billion barrels of proven oil reserves and another…”

On the recordOctober 8, 2003
Iraq has the second largest oil reserves in the world, with 112 billion barrels of proven oil reserves and another probable 220 billion barrels. In the current world rate, the value of proven Iraqi reserves would be about $2.8 trillion together with another $5.5 trillion in probable oil reserves.
Said by
Elijah Cummings
Democratic · Maryland
Source
govinfo.gov

Editor's note · Context

Discussing the value of Iraq's oil reserves during a debate.

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