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pampango

(24,692 posts)
Wed Sep 17, 2014, 03:15 PM Sep 2014

ISIS is selling cheap oil to its enemies — from Syria's government to the Kurds

ISIS has been described as the world's "richest terrorist group," largely thanks to the oil fields it controls in Iraq and Syria. The militants likely generate more than $1 million in sales each day, and much of that oil is pumped in eastern Syria with the tacit approval of the group's ostensible enemy: the Assad regime.

"The Assad government has to run its war machine, it has to run its cities, it needs power," Landis says, and it can get its power from ISIS "cheaply" because ISIS controls much of the country's oil fields.

Syria isn't the only unlikely customer, he says. "Turkey, the Kurds — everybody is buying cheap oil and smuggling it across their border. So the notion that you have clear allies working against ISIS, it's not the case."

There's potential for current American airstrikes to destroy the black market oil trade and cut this important source of income for ISIS. "We can easily take out the oil," Landis says. "We can bomb ISIS tankers, we can bomb the oil wells. This would be very easy. They're sitting out in the desert where everyone could see them." But that would be a last resort. "[The US] may ask the neighbors to stop exporting it first, because it doesn't want to destroy all this infrastructure," he says. "It will, of course, cause a lot of hardship to the civilian population, and I'm not sure America is there yet."

http://www.pri.org/stories/2014-09-16/isis-selling-cheap-oil-its-enemies-syrias-government-kurds

I wondered how ISIS got the oil from the wells it controls onto the market.

9 replies = new reply since forum marked as read
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ISIS is selling cheap oil to its enemies — from Syria's government to the Kurds (Original Post) pampango Sep 2014 OP
ISIS has had a lot of help and encouragement. That much is clear. I couldn't TwilightGardener Sep 2014 #1
^^^^^^^^^^^^^^^^^^^^^^^n/t truedelphi Sep 2014 #6
I still say ISIL selling oil cheap on the black market louis-t Sep 2014 #2
How? KBR Halliburton. eom Mika Sep 2014 #3
That is certainly an interesting concept. truedelphi Sep 2014 #7
Informed speculation ... Mika Sep 2014 #8
They "have to pay" their "recruits" the equivalent of $400/month... Amonester Sep 2014 #4
I thought Mad Max was farther off than this seveneyes Sep 2014 #5
Take out the money trail.... Historic NY Sep 2014 #9

TwilightGardener

(46,416 posts)
1. ISIS has had a lot of help and encouragement. That much is clear. I couldn't
Wed Sep 17, 2014, 03:33 PM
Sep 2014

figure out how or why they had petroleum workers and businessmen to produce and sell oil, uninterrupted. Still can't.

louis-t

(23,292 posts)
2. I still say ISIL selling oil cheap on the black market
Wed Sep 17, 2014, 03:35 PM
Sep 2014

is part of what is causing oil futures to tank.

truedelphi

(32,324 posts)
7. That is certainly an interesting concept.
Wed Sep 17, 2014, 04:19 PM
Sep 2014

Do you have a source, or is it just a wise bit of specualtion?

Amonester

(11,541 posts)
4. They "have to pay" their "recruits" the equivalent of $400/month...
Wed Sep 17, 2014, 04:06 PM
Sep 2014

When not more (unknown).

Shouldn't be any surprise to anyone they have a "payroll" to feed (somehow).

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