Arabia Quote by Daniel Yergin
“But the key thing is that Iraq, while it's got very large oil reserves, has marginalized itself as an oil exporter and these days its exports are only about one tenth that of neighboring Saudi Arabia.”
About This Quote
Source Book: The Quest: Energy, Security, and the Remaking of the Modern World, 2011
Iraq’s large oil reserves are underutilized, making its export volume far lower than neighboring Saudi Arabia.
In simple terms: Iraq’s oil is abundant but its exports are low.
Address structural barriers to increase oil export capacity.
Themes
Mood
Type
When to use this quote
- policy reform
- infrastructure investment
- export strategy
Key Concepts
Questions to Reflect On
- What reforms could boost Iraq’s oil exports?
- How does regional competition shape energy policy?
Political instability and infrastructure deficits limit potential.