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The New DU. If US withdrew from Iraq, would price of oil go up or down?
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kentuck
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Sun Apr-06-08 08:48 AM
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| If US withdrew from Iraq, would price of oil go up or down? |
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Edited on Sun Apr-06-08 08:48 AM by kentuck
Some would argue that it would disrupt the world market? Can it be much more disrupted than it is now? In my opinion, the price of oil would decline. Why? Because people do not usually destroy things that are in their own interest. They would find a way to protect the pipelines thru Basra. They would find a way to get rid of Maliki, if he didn't have American protection. America in Iraq is the primary cause of the high oil prices around the world. Another reason for us to withdraw from this occupation.
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