2006-08-11 04:07:15 · 6 answers · asked by TG 2 in Business & Finance ➔ Other - Business & Finance
yes , because of 4 reasons:
1. probability of spreading the war to other countries
2. probably decisions of Islamic countries about producing oil
3. fear of customers from buying cheap oil in future
4. changement in insurance prices
2006-08-11 04:25:51 · answer #1 · answered by Yuppie 1 · 0⤊ 0⤋
Never did. The price is decided by the multinational oil companies because their record profits aren't big enough
2006-08-11 04:13:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
there is a few culpability for Bush, yet little or no. The intense gas expenditures are with the aid of speculators driving up the cost, alongside with the susceptible dollar (no longer furnish and insist. there is lots of oil and gas). activities overseas places would have little effect on the cost of gas.
2016-11-24 20:06:15 · answer #3 · answered by Erika 4 · 0⤊ 0⤋
absolutely, middle east is alwyas a hot topic for america driving habbit. in the 70s, OPEC hold us hostage on oil. As long as our nation depend on foreign energy source.It will affect that call geoplolitical risk in your investment porfolio
2006-08-11 05:31:48 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
Most certainly will. Check out www.wtrg.com/daily/crudeoilprice.html for oil prices.
Oil prices for September delivery closed up $2.22 at $76.98 per barrel.
2006-08-11 04:19:56 · answer #5 · answered by sleepyredlion 4 · 0⤊ 0⤋
Yep... so will the sneezing of a camel jockey in Bahrain!
2006-08-11 04:27:01 · answer #6 · answered by MadMaxx 5 · 0⤊ 0⤋