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2007-09-11 21:10:25 · 11 answers · asked by Anonymous in Politics & Government Military

11 answers

Heck no! Any reason for the price of gas to go up it will. Generally, people will say there is no reason why it should; however, it will. The only way for gas price to drop is to have another President like G.Ford whom rationed gas, because big oil said the world was running out. ADD America should look back to that in order to understand how to deal with big oil.

2007-09-11 21:21:11 · answer #1 · answered by _+_ 2 · 3 0

It should have no effect on gasoline prices one way or the other, since Iraq isn't exporting ONE barrel of oil yet, and hasn't for 6 years, while Big Oil makes BILLIONS.

The only thing which will drop the price of oil is to drastically reduce or remove our need for it. The less in demand a commodity is, the cheaper it becomes.

2007-09-12 05:03:35 · answer #2 · answered by Anonymous · 0 0

No, but it won't go up much either. Or at least it shouldn't.

America gets most of it's oil from Canada and Mexico.

Part of the reason gas prices are so temperamental is that the environmentalist won't remove the fines for building new refineries ( Newest refinery in the US was built in 81) and they will not let us drill our own oil. Alaska and the gulf of Mexico are huge oil pockets. Also the possibly the largest oil pocket ever discovered has been found under the arctic ocean. Greenland and Russia are contesting for rights to it. The US also has rights to it ( Alaska) but again environmentalist will not let us drill our own oil.

2007-09-12 04:27:02 · answer #3 · answered by WCSteel 5 · 2 3

No the price of gas has nothing to do with Iraq, OPEC control the price regardless of war or peace.

Your question has no relavence to the military section either.

2007-09-12 04:35:19 · answer #4 · answered by conranger1 7 · 3 2

Not likely. It would probably escalate dramatically as the world waited for the Saudis and Iranians to go at it and start destroying each others resources.

2007-09-12 04:20:45 · answer #5 · answered by bravozulu 7 · 0 1

I would say the price would go up in the US.

2007-09-12 06:09:27 · answer #6 · answered by Manchester Hooligan 4 · 0 0

No, it'd go up... the resulting collapse of Iraq would eliminate them as a source of oil.

2007-09-12 04:17:42 · answer #7 · answered by Anonymous · 2 2

With all "The young one" looking forward to a Lambroghini?
That will be good business for Ferrari?
What do you think?

2007-09-12 04:26:48 · answer #8 · answered by Anonymous · 1 2

Maybe Depending on the situation there

2007-09-12 04:40:09 · answer #9 · answered by Uthman A 5 · 0 2

Not likely, the US stuffed that up for all of us

2007-09-12 06:11:21 · answer #10 · answered by Nemesis 7 · 0 0

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