[waterstraat]

If Bush has his war with Iraq, oil supplies will be disrupted with higher oil prices

How did oil prices behave immediately before, during, and immediately after Desert Storm?

Oil prices went up when we went to war with Iraq, but more importantly, oil prices did not drop like a rock.

Before we went to war in 1990, Saddam announced that he was going to flood the world with oil, and make oil prices bottom. The 1990 war, kept Saddam from flooding the world with cheap oil and ending OPEC, and after the war, the oil output from Iraq was severely limited to prevent oil prices from making a big decline to very cheap and plentiful gasoline.

Cutting and reducing supply, does not lead to lower prices, rather, it makes the price higher than it should be.

[Poohbah]

Oil prices went up when we went to war with Iraq, but more importantly, oil prices did not drop like a rock.

Thank you for demonstrating that you are either an ignorant buffoon or one of Saddam's butt-boys.