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Old 18th Apr 2005, 22:26
  #7 (permalink)  
Lafyar Cokov
 
Join Date: Apr 2000
Location: UK
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I can't see where the US financially benefits from Iraqi oil.
errr I think its called price stability....
Stable(ish), american backed governments in the Middle East = no major fluctuations in the oil price. With a multi-trillion Dollar economy - the back-bone of which is underpinned by (the price of) oil - a 1 cent increase in the cost of a barrel does horiffic things to your budget
(of the magnitude that $159 Billion is a drop in the ocean). Hence Stable Oil price=stable economy.


...I think.....
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