Well even if the war was not going on, those tanks would still be rolling. those planes would still be flying; they would just be doing it all back at their home station. so the military already has it's yearly petroleum reserve set aside, so if the war was not going on, oil prices would still be what they are now. Back in the 1970's there was the oil crisis and prices skyrocketed, so these things happen. The oil companies are perfectly willing to cause prices to rise (intentionally or unintentionally). Overall the United States get the majority of its oil from...the United States, then Saudi Arabia and then Colombia. Iraq is not even in the equation for the rise in gas prices.
Saturday, August 21, 2010
How much oil is burned in waging the war in iraq? if not for that demand what would be the price of oil?
If the cost of the war were considered a subsidy for the oil industry, what would the price of oil be? How big of a drain on the world's oil supply is the war in iraq?How much oil is burned in waging the war in iraq? if not for that demand what would be the price of oil?
Well even if the war was not going on, those tanks would still be rolling. those planes would still be flying; they would just be doing it all back at their home station. so the military already has it's yearly petroleum reserve set aside, so if the war was not going on, oil prices would still be what they are now. Back in the 1970's there was the oil crisis and prices skyrocketed, so these things happen. The oil companies are perfectly willing to cause prices to rise (intentionally or unintentionally). Overall the United States get the majority of its oil from...the United States, then Saudi Arabia and then Colombia. Iraq is not even in the equation for the rise in gas prices.makeup
Well even if the war was not going on, those tanks would still be rolling. those planes would still be flying; they would just be doing it all back at their home station. so the military already has it's yearly petroleum reserve set aside, so if the war was not going on, oil prices would still be what they are now. Back in the 1970's there was the oil crisis and prices skyrocketed, so these things happen. The oil companies are perfectly willing to cause prices to rise (intentionally or unintentionally). Overall the United States get the majority of its oil from...the United States, then Saudi Arabia and then Colombia. Iraq is not even in the equation for the rise in gas prices.
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