Decatur_Tater@67139

Nice red herrings. You avioded most points and even made up some BS. Cool !

American gas prices have gone up prescisely for the resason I listed above. AMERICAN gas prices.

"Crude oil prices are determined by worldwide supply and demand, with significant influence by the Organization of

Petroleum Exporting Countries (OPEC). Since it was organized in 1960, OPEC has tried to keep world oil prices at

its target level by setting an upper production limit on its members. OPEC has the potential to influence oil

prices world- wide because its members possess such a great portion of the world’s oil supply, accounting for about

39% of the world’s production of crude oil and holding more than two-thirds of the world’s estimated crude oil

reserves."

"Rapid gasoline price increases have occurred in response to crude oil shortages caused by, for example, the Arab

oil embargo in 1973, the Iranian revolution in 1978, the Iran/Iraq war in 1980, and the Persian Gulf conflict in

1990. Gasoline price increases in recent years have been due in part to OPEC crude oil production cuts, turmoil in

key oil producing countries, and problems with petroleum infrastructure (e.g., refineries and pipelines) within the

United States."

And now Iraq.

I never said speculators care who is president. Speculators do care what decisions a president makes. Which is

exactly what I said above. Bush caused a panic on Wall Street and the price per brl of crude rose dramatically.

Speculators assessed the political situation as one that would cut into the supply of crude world wide. The

speculators were correct.

You deliberately missed my point that allowing American companies like Chevron/Unocal to be a part of the oil

industry in Iraq would reek of impropriety. The US destroyed Iraq's oil infrastructure knowing that american oil

companies would have an inside track to getting contracts and permanent footholds in the country.

It's not because I don't aprrove. Leading political scientists, foreign affairs, and anti-terrorism experts site

this is a leading reason for instability and terrorist events around the world.

Let's see. Countries the US has raped the people and land of; Iran, Iraq, Afghanistan, Pakistan, Kuwait, UAE to name

just the middle eastern countries. To not acknowledge this means you are not serious and just looking to sound smart

when you are not.

I love time wasting questions. Especially ones where the answer is obvious.

ninepointfiver@79212

Be careful who you praise in ignorance. They may be wrong.