Saturday, December 26, 2009

If Iraq produced a lot more oil, would the world price fall?

Probably, but Bush won't allow it, he'll squirrel it away, to keep the prices highIf Iraq produced a lot more oil, would the world price fall?
if Saudia Arabia and Iraq along with Iran produce alot more oil, yes indeed world price would fall.


But personally I don't think our administration would do that! (I'm Iranian...) , so now iraq is in hands of USA and saudia arabia is with USA, and they both produce oil as many as they can but because of Iran (number 3rd of producing oil), the world price will not fall. (except you take over Iran too!!)If Iraq produced a lot more oil, would the world price fall?
No, people are making money off of this. We can't do anything about it anymore. We don't have any power anymore thanks to the idiots who have let us get robbed by this republicans. They still think they are going to get a share of it.
The people in charge of our govt. are stupid. We will probably rebuild that entire country schools, hospitals, roads all on the backs of the US taxpayers and let them keep all the oil.
No there is a glut of crude now.


But, no where to turn crude into gasoline.
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