Doesn't matter whether Iraq is a member of OPEC or not? OPEC are the organisation that sit down together regularly and agree between themselves what their production quotas will be. There is a built in latitude but not much, the organisation exists to look after the interests of the oil producing member states.

What exactly does "If they were a US client" mean?

Transportation infrastructure (pipelines and terminals) in Iraq belong to the Iraqi Government or to the Iraqi National Oil Company, which if memory serves me correctly is split into two divisions, North and South Operators.

No Field Operating Licences are held by any American Company.

The US therefore plays no part in the running of Iraq's oil and gas industry. How then can they dump Iraqi oil on the market? Iraq can and never has produced the volume of oil to significantly effect anything. It has vast reserves, but not the infrastructure at present to bring it to the surface. The US has no say in anything to do with Iraqi oil.

The USA charity buys roughly 500,000 barrels of Iraqi oil a day out of its actual requirement of 10.5 million barrels per day.

Little Hawk when its time has come will the United States of America have a "Commonwealth of Nations" type organisation like Great Britain has?