Speaking before the Congressional Natural Gas Caucus in October, oil magnate T. Boone Pickens said the cost in lives and money entitled U.S. companies to some of the Iraqi crude.
“They’re opening them (oil fields) up to other companies all over the world. We’re entitled to it,” he said. “Heck, we even lost 5,000 of our people, 65,000 injured and a trillion, five hundred billion dollars. We leave there with the Chinese getting the oil.”
An updated version of the story:
China leading in Oil Production for Iraq.