Skip to content
Deacon Keith Fournier Hi reader, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you. Help Now >

WASTED EFFORT? ISIS still makes massive amounts of money despite coalition air strikes

Free World Class Education
FREE Catholic Classes

By Kenya Sinclair (CALIFORNIA NETWORK)
10/15/2015 (3 years ago)
Catholic Online (https://www.catholic.org)

Islamic State rakes in 1 million euros each day in oil alone

Despite a year-long, U.S.-led bombing campaign, the Islamic State continues to rake in over 320 million Euros each year from oil -including income from the sale of gasoline to Syrian rebels.

ISIS pulling in more revenue from oil than previously believed.

ISIS pulling in more revenue from oil than previously believed.

LOS ANGELES, CA (Catholic Online) - Oil workers in Syria and Iraq, as well as Western intelligence, estimates up to 40,000 barrels of gasoline each day within ISIS territory.
 
The output generates an estimated revenue of 1 million Euros each day. The alarming income serves as a strong indication the year-long coalition air strikes targeting their refineries and pipelines have done little to slow the group's progress.

ISIS' success has become so great that one Syrian rebel commander was forced to admit he had no other option but to purchase diesel from ISIS, despite their ongoing war. He told Financial Times, "It's a situation that makes you laugh and cry. But we have no other choice and we are a poor man's revolution. Is anyone else offering to give us fuel?"

U.S.-led coalition officials claim the jihadis created hundreds of makeshift oil refinery facilities to adapt to the onslaught of their pipelines and larger refineries.

A European senior official said, "We haven't been as disruptive as we may have hoped. They have been able to effect repairs to everything we have hit."

Wester fighter jets have difficulty distinguishing between trucks moving oil as some are driven by non-ISIS militants. If fighter jets were to bomb a truck driven by a non-ISIS citizen, the European official admitted they would risk creating a "family of jihadis" and "radicalising the population."

ISIS-owned oil refineries and pipelines (YouTube).

In an effort to undercut ISIS, several options are currently under consideration. Two options involve a cheaper oil supply for rebels and possibly oversaturating the market with cheap crude oil.

Earlier this year, Raqqi Is Being Slaughtered Silently (RIBSS) claimed they discovered how ISIS found ways to diversify their income streams. They claimed ISIS had secret deals with the Assad regime in which ISIS sold the government electricity and gas from dams under the group's control.
Other ways of generating income includes the growing and selling of illegal drugs. Cannibis is reportedly growing on the outskirts of Raqqa to be sold in Turkey in what ISIS apparently allows despite strict sharia laws.

RIBSS also reported flat-tax rates on "hygiene services," electricity, customs on imported and exported goods and telephone network usages. ISIS requires people to pay in cash and operates its own revenue agency called Al Hisba.

"One of the most profitable trades for ISIS" is Internet cafes, RIBSS reported. Internet cafes in Raqqa boomed from 20 to 500 after the Islamic State came into power. 

It is clear ISIS continues to thrive, so the questions of what can be done and who will follow through remain to be answered.

---


'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'


Copyright 2019 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for January 2019
Young People and the Example of Mary.
That young people, especially in Latin America, follow the example of Mary and respond to the call of the Lord to communicate the joy of the Gospel to the world.


Comments


More Middle East

South Sudan president: I was 'almost trembling' as Pope Francis begged me to make peace Watch

Image of

In an unprecedented gesture last month, Pope Francis kissed the feet of several South Sudanese leaders, who were visiting the Vatican for a ... continue reading


Pro-life activists call for acquittal of doctor who refused to perform abortion in Argentina Watch

Image of

Pro-life advocates in Argentina have called for the acquittal of Dr. Leandro Rodríguez Lastra, whose trial started May 13 in Rio Negro ... continue reading



Pope Francis: Catholics and Orthodox are united by 'ecumenism of blood' Watch

Image of

 In Bulgaria Sunday, Pope Francis said Catholics and Orthodox are united by the blood of the martyrs and the Christians who continue ... continue reading


In South Sudan, the 'Blue Sisters' bring hope to abused women Watch

Image of

They were founded three decades ago in southern Sudan, and named the Sisters of the Blessed Virgin Mary. But in a region dramatically ... continue reading


Despite ongoing threats, ordination Mass takes place in Sri Lanka Watch

Image of

As most Catholic churches remain closed across Sri Lanka, following the Easter bombings that claimed more than 250 lives, one parish in a ... continue reading


Never Miss any Updates!

Stay up to date with the latest news, information, and special offers.

Deacon Keith Fournier Hi readers, it seems you use Catholic Online a lot; that's great! It's a little awkward to ask, but we need your help. If you have already donated, we sincerely thank you. We're not salespeople, but we depend on donations averaging $14.76 and fewer than 1% of readers give. If you donate just $5.00, the price of your coffee, Catholic Online School could keep thriving. Thank you. Help Now >

Information
Learn about Catholic world

Catholic Online
Inform - Inspire - Ignite

Catholic Online Saints
Your saints explained

Catholic Online Prayers
Prayers for every need

Catholic Online Bible
Complete bible online

Catholic Online News
Your news Catholic eye

Daily Reading
Today's bible reading

Lent / Easter
Death & resurrection of Jesus

Advent / Christmas
Birth of Jesus

Rest of Catholic Online
All Catholic world we offer

Services
Products and services we offer

Catholic Online Shopping
Catholic medals, gifts & books

Advertise on Catholic Online
Your ads on catholic.org

Catholic Online Email
Email with Catholic feel

Education
Learn the Catholic way

Catholic Online School
Free Catholic education for all

Student Classes
K-12 & Adult Education Classes

Support Free Education
Tax deductible support Free education

Socials
Connect with us online

Catholic Online on Facebook
Catholic social network

Catholic Online on Twitter
Catholic Tweets

Catholic Online on YouTube
Enjoy our videos

Catholic Online on Instagram
Shared Catholic moments

Catholic Online on Pinterest
Catholic ideas style inspiration

Catholic Online Logo

Copyright 2019 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2019 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.

Catholic Online is a Project of Your Catholic Voice Foundation, a Not-for-Profit Corporation. Your Catholic Voice Foundation has been granted a recognition of tax exemption under Section 501(c)(3) of the Internal Revenue Code. Federal Tax Identification Number: 81-0596847. Your gift is tax-deductible as allowed by law.