Iraq's oil exports exceed one billion barrels

The Oil Ministry announced on Sunday that Iraqi oil exports exceeded one billion barrels, and valued at more than $ 49 billion through 2015.
He said ministry spokesman Assem Jihad, said that "the total oil exports for 2015 amounted to one billion and 96 million and 788 thousand and 863 barrels total realized revenues amounted to 49 billion and 79 million and 199 thousand and $ 297."

He added that "the price of a barrel of oil last year's rate of $ 44 and 748 cents," adding that "Iraq exported 99 million and 658 thousand and 761 barrels of crude oil during the month of December last, a decline in exports for the month of November."

He continued that "the revenue generated amounted to two billion and 973 million and 308 thousand dollars," noting that "the average daily oil exports amounted to three million barrels and 215, with an average sale price per barrel was $ 29 and 835 cents."

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It costs the Iraqi government less than 2.00 of labor and material to get a barrel of oil from the ground and fill the barrel.  The barrels they use for oil are 42 gallons, not 55 gallons that most believe.  Seems like they are making money or will make money not matter the price of oil. Hardly enough oil money to compensate a RI/RV.