Tilted Forum Project Discussion Community - View Single Post - What Do You KNOW About The Status of Post War Iraq or of the War on Terror?

samcol · 04-19-2005, 05:18 AM

Quote:

Originally Posted by WillyPete

Face it folks, anything the US does in the middle east is for the US's own benefit and for cheaper oil.

It doesn't look like it's been for cheaper oil at all. After all oil prices have nearly doubled since 2001. To me it seems like it's about consolidation of oil rather than trying to honestly supply more oil cheaper. The oil companies need to keep their cartel.

Quote:

2005 Average* $44.56/$43.71
2004 Average* $37.41
2003 Average $27.69
2002 Average $22.81
2001 Average $23.00
http://www.ioga.com/Special/crudeoil_Hist.htm

This along with the plunging dollar (i think it's dropped like 40 cents against the Euro in 3 years?) is the most seriuos threat to the US economy. I haven't seen the Aphganistan or Iraq war do anything to improve these two huge issues.