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Re: PegnVA post# 15160

Saturday, 11/14/2015 6:38:21 PM

Saturday, November 14, 2015 6:38:21 PM

Post# of 30104
PegnVA,....from Oil-smuggling operations involving millions of barrels have recently been uncovered how they fund their terrorists activities.

The oil comes from wells and refineries that ISIS has taken over inside northern Iraq and northern Syria, and until very recently it was easy to smuggle it into this quiet part of southern Turkey. One reason is that cheap, smuggled oil is a much-prized commodity in Turkey, where oil is so expensive that it almost doesn't matter who is selling it, even if it's your enemy.

In Hatay, Turkey, just a half hour's drive away, gasoline costs roughly $7.50 per gallon.

The U.S. Treasury Department does not have hard figures that it can make public on the group's wealth but says it believes ISIS takes in millions of dollars a month.

Sources familiar with the subject say that ISIS' "burn' rate" -- how much the group spends -- is huge, including salaries, weapons and other expenses. For ISIS' oil sales, sources told CNN, the group probably makes between $1 million and $2 million per day, but probably on the lower end.

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so on the low end,..at $1 Million a day,...$30 Million a month.

i guess that is more than enough to start their campaign with !!!!

invest at your own risk, based on your own due diligence, at your own risk tolerance

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