Zerohedge: The Most Important Question About ISIS That Nobody Is Asking

Co-Creating Our Future on Planet Earth

http://www.zerohedge.com/news/2015-11-19/most-important-question-about-isis-nobody-asking

The question of how the Islamic State funds its sprawling caliphate has been discussed in the past: we first broke down the primary driver of ISIS revenue well over a year ago, in September 2014, when we explained that “ISIS uses oil wealth to help finance its terror operations.”

Daily Signal’s Kelsey Harkness explained the breakdown as follows:

 According to the Iraq Energy Institute, an independent, nonprofit policy organization focused on Iraq’s energy sector, the army of radical Islamists controls production of 30,000 barrels of oil a day in Iraq and 50,000 barrels in Syria. By selling the oil on the black market at a discounted price of $40 per barrel (compared to about $93 per barrel in the free market), ISIS takes in $3.2 million a day.

The oil revenue, which amounts to nearly $100 million each month, allows ISIS to fund its military and…

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