This is the first major study of the alternatives confronting Iraq as it seeks to rebuild its vital oil industry while simultaneously constructing a new political system. A key challenge facing the country is to allocate the revenues oil generates in a way that avoids economic and social instability. Reviewing the present status of the industry, the authors - including Clement Henry, Massoud Karshenas, Roger Owen, Mona Said and John Sfakianakis - use comparative analysis to suggest how it might best be rebuilt. This book is an important and timely assessment of Iraq's oil industry.