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Architect of Iraq War Back in Bush Adminstration
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<blockquote data-quote="diesel96" data-source="post: 275271" data-attributes="member: 9859"><p><strong>Spare us your economic's lesson 101 and your namecalling.</strong></p><p><strong>The war in Iraq has disrupted World oil mrkts leading to increased prices. The circumstances surrounding the Iraq war and the increasing demand for oil as well declining excess production capacity have direct effects as well as the effect the war has in reducing Iraq oil production and the created instability in the Middle East can act to increase oil prices. Small increases can have substanstial economic effects. With Iraq's production down approx 1 million BPD. These shortfalls impact world oil prices. Today with rapid increase in demand, a threat of a few hundred thousand BPD causes sharp fluctuations in prices, also concerns of wider regional conflict, increased threat of terrorism in the region's pipelines and oil fields all have effects.</strong></p><p><strong>Perhaps you should read this link and re-educate yourself on the pitfalls and long lasting effects this "neccessary war" as you like to refer to it has on all of us.</strong></p><p> </p><p><a href="http://jec.senate.gov/Documents/Reports/11.13.07IraqEconomicCostsReport.pdf" target="_blank">http://jec.senate.gov/Documents/Reports/11.13.07IraqEconomicCostsReport.pdf</a></p></blockquote><p></p>
[QUOTE="diesel96, post: 275271, member: 9859"] [B]Spare us your economic's lesson 101 and your namecalling.[/B] [B]The war in Iraq has disrupted World oil mrkts leading to increased prices. The circumstances surrounding the Iraq war and the increasing demand for oil as well declining excess production capacity have direct effects as well as the effect the war has in reducing Iraq oil production and the created instability in the Middle East can act to increase oil prices. Small increases can have substanstial economic effects. With Iraq's production down approx 1 million BPD. These shortfalls impact world oil prices. Today with rapid increase in demand, a threat of a few hundred thousand BPD causes sharp fluctuations in prices, also concerns of wider regional conflict, increased threat of terrorism in the region's pipelines and oil fields all have effects.[/B] [B]Perhaps you should read this link and re-educate yourself on the pitfalls and long lasting effects this "neccessary war" as you like to refer to it has on all of us.[/B] [URL]http://jec.senate.gov/Documents/Reports/11.13.07IraqEconomicCostsReport.pdf[/URL] [/QUOTE]
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