With this information it becomes much more credible that Iraq (Babylon) will rise to become very wealthy in these last days. By the way, Iraq has real plans to make the city of Babylon into a world cultural center and theme park. So don’t be surprised when Iraq becomes the economic powerhouse in the Middle East like the Bible indicates. Also if Iraq starts major development of these oil fields their increased output will take care of any world shortages. I think in two decades or so Iraq/Babylon will realistically be able to fulfill Bible prophecy about Babylon.
Iraq could have largest oil reserves in the world – Times Online
Iraq dramatically increased the official size of its oil reserves yesterday after new data suggested that they could exceed Saudi Arabia’s and be the largest in the world.
The Iraqi Deputy Prime Minister told The Times that new exploration showed that his country has the world’s largest proven oil reserves, with as much as 350 billion barrels. The figure is triple the country’s present proven reserves and exceeds that of Saudi Arabia’s estimated 264 billion barrels of oil. Barham Salih said that the new estimate had been based on recent geological surveys and seismic data compiled by “reputable, international oil companies . . . This is a serious figure from credible sources.”
