also ... What would that do for U.S. oil corporations?
2006-08-22 13:10:41 · 3 answers · asked by Olivia 4 in Politics & Government ➔ Politics
It will have a negative affect on gas prices... any middle eastern conflict always does. BUT that would be a positive affect on the Dow Jones Index because oil prices would go up.
If you watch, I am willing to bet that since Iran just today submitted a talks proposal, oil prices will decrease. That does not necessarily mean the DJI will decrease because most of the time, traders just move the money into another area.
2006-08-22 13:16:47 · answer #1 · answered by BeachBum 7 · 0⤊ 0⤋
F**k the wildlife. Drill in Alaska. Our country comes first.
2006-08-22 13:12:32 · answer #2 · answered by gurevich29 2 · 0⤊ 0⤋
A zillion dollars a gallon--then we'll find or develop alternatives.
2006-08-22 13:13:24 · answer #3 · answered by lighthouse 4 · 0⤊ 0⤋