U.S. Companies Slash Imports Of Iraqi Oil

Washington Post ^ | 8-20-02

[mikenola]

UNITED NATIONS, Aug. 19 -- U.S. oil companies have dramatically slashed imports of Iraqi oil over the past five months, contributing to a steep decline in Baghdad's oil exports and cutting into President Saddam Hussein's ability to siphon money from the U.N.-supervised oil-for-food program, according to U.S. and U.N. officials.

[Cobra Scott]

The power of the free market, LOL!

This is something I was discussing with a freind; we were making bets on when the price of gas would drop at the pump. He feels that it will only go up if we attack Iraq; my bet is two weeks after we attack, the pump price plummets.

[Madcelt]

Good. Now consider the VAST petroluem wealth in this country that goes untapped. We have more than enough to squeeze the Saudis' too. Just an Idea. (Or would thier friends in the environmental lobby keep it shut up.)