[thackney]

surely we aren’t still importing tons of oil

While the US imports of crude oil have been falling, we still import over 7 million barrel a day.

http://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbblpd_m.htm

While we only get 0.3 million a day from Iraq, all the other folks that normally get oil from Iraq will be buyiing on the same world market, trying to get more and the global price will rise.

[leapfrog0202]

Thanks. The explanation helped.

[Leo Carpathian]

FRACK them!