Iraq War May Have Increased Energy Costs Worldwide by a Staggering $6 Trillion

Iraq War May Have Increased Energy Costs Worldwide by a Staggering $6 Trillion

www.alternet.org

The oil economist Dr Mamdouh Salameh, who advises both the World Bank and the UN Industrial Development Organisation (Unido), told The Independent on Sunday that the price of oil would now be no more than $40 a barrel, less than a third of the record $135 a barrel reached last week, if it had not been for the Iraq war.

(visit the link for the full news article)

"Dr Salameh told the all-party parliamentary group on peak oil last month that Iraq had offered the United States a deal, three years before the war, that would have opened up 10 new giant oil fields on "generous" terms in return for the lifting of sanctions. "This would certainly have prevented the steep rise of the oil price," he said. "But the US had a different idea. It planned to occupy Iraq and annex its oil."



www.alternet.org
(visit the link for the full news article)

thanks for the post

but

there are also "analysts" reporting 12 dollar a gallon gas.

Dont believe 1/5 of anything that you read now-adays...hell...even question the validity of my response.

If it sounds too concrete, then they're full of it.

Any real creditble thinker leaves it open for debate and says "i dont know" when the, infact, have no ****ing idea.

I wonder where these doctors and analysts get their accreditadtion sometimes......from a cracker jacks box?

The fact is that we don't want to make diplomatic deals with anyone. Iraq was one of the most liberated countries in the Middle East. Since we knew that Saddam had no WMD's, making that deal would have made the most sense for both Iraqis and Americans. But as you said, our fascist government had a different idea and now we are all paying the price for it.

ROTFLMAO
Iraq was a liberated country huh? and i suppose you knwo that from having lived there?

hahahahaha.

People like you are why the rest of the world hates this country.

You dont understand the suffering of innocent people. You'd rather stand up fro teh dictator that a republican is trying to remove from power, in order to further your own, infantile, political agenda.