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#1
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Price of Gasoline if U.S. Withdraws From Iraq Immediately?
Up, down or it doesn't effect the price of a gallon of gasoline very much? Also Bin Laden's gripe with the U.S. was about U.S. influence in Saudi Arabia more or less. Probably support for Israel too. What would happen to the price of gasoline if the U.S. withdrew it's troops from the Middle East and renounced it's support for Israel? Up, down, or it doesn't effect the price of a gallon of gasoline very much?
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#2
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
Overall ... doesn't effect the price that much.
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#3
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Thanks for Responding (n/m)
.....
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#4
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
I wound say it would go up (but not by much), with the higher amount of chaos in Iraq if we were to leave.
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#5
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
[ QUOTE ]
I wound say it would go up (but not by much), with the higher amount of chaos in Iraq if we were to leave. [/ QUOTE ] Iraq's oil supply currently does not affect the overall price that much. Granted they do have a large supply of oil but currently not being exported at a significant rate. |
#6
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
that's why I said "not by much"
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#7
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
[ QUOTE ]
that's why I said "not by much" [/ QUOTE ] Ok, but the "higher amount of chaos" would not be a factor (contrary to would the media would want one to think), very minimum factor at most. |
#8
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
I think we are going in circles here.
Minimal factor produces a mininal result. |
#9
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
It's not just Iraq. Civil war in that country would affect the surronding area.
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#10
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Re: Price of Gasoline if U.S. Withdraws From Iraq Immediately?
According to a oil trader:
If US would stop its support for Israel, the price would fall substantially (risk premium would be reduced). If US would stop backing the Saudi Kingdom the price would rise substantially. |
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