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Iraq Opens Oil Fields To Western Developers

Iraq's oil ministry has just opened the doors to several major western oil companies. It's been more than 36 years since companies like Exxon have had access to Iraq's oil fields. And down the road, Iraq's reserves could dramatically increase the world's oil supply.

Co-host Ari Shapiro talks to Peter Zeihan, energy analyst at the geopolitical intelligence group Stratfor.

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