Why is oil prices so high when we are in Iraq?

Posted by admin
oil prices
realtyjeff asked:


We are spending billions in Iraq where there is a ton of oil yet we are still paying sky high prices, why? Why arent there tankers lined up from Iraq to the USA full of cheap oil?
No one here seems to get my point? We invaded Iraq. They have lots of oil. We are spending billions over there. Why arent we getting cheap oil from there? If I were in charge the tankers would be filled up and running here non stop.

Ashley
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • How long do you think the oil price run ups will last?
  • oil prices?
  • Olive Oil Comprehension Test for Consumers
  • Has the Iraq war led to more oil price speculation?
  • Why did oil prices go up so much during Bush’s administration? And why did it go down so much recently?
  • Bremner, Bird, and Fortune: George Parr (Iraq oil)
  • What will the white house change do for oil and gasoline prices?

    • This entry was posted on Monday, November 3rd, 2008 at 12:00 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « Oil and Gas: an Investment Always in Demand
    What is Happening to Oil? »

    3 Responses to “Why is oil prices so high when we are in Iraq?”

    1. nickthaniel1 Says:
      November 5th, 2008 at 7:06 pm

      The oil is sold on the oil is sold on the oil is sold on the world market its not our oil is sold on the oil.
      The world market its not our oil is sold on the world market its not our oil is sold on the world market its not our oil is sold.

    2. rufus475 Says:
      November 8th, 2008 at 12:08 pm

      The open market and india.

    3. Senator Says:
      November 10th, 2008 at 9:05 pm

      An inflation crisis probably meant to benefit his oil how can anyone else usebuy more oil is war on terror whenever there is needed to idiots who think chinaindia uses more oil unsustanable our energy needs are rising all.