Islamic State gives refinery back to Iraq: oil prices too low

The west was stunned when Islamic State fighters relinquished control of the oil fields they seized in eastern Iraq. “There are some ‘dings’ in the equipment,” said acting General Omar Kahlid at a hastily called news conference, “We never operated anything larger than a falafel stand.” Habib ‘Jimmy’ Ramalamadingdong, a regional VP for economic development […]