Refinery back up in Iraq's Anbar province, yet oil is "finished"

"Iraq has many underexplored and underexploited fields, but who can tell what's going to be happening with Iraq?" said Paul Sullivan, economics professor at the National Defence University in Washington, DC.

The remark was made in a recent discussion on energy, security and development at the Centre for Strategic Studies at the University of Jordan.

Sullivan, who is also an adjunct professor of security studies at Georgetown University, said most of the major oil finds over the last centur…