That said, i have to respond to this:
Quote:
And if we are in Iraq for oil then why is there a shortage of oil right now in the country? Why is the President asks us to conserve oil? According to you we should be swimming in it.
Because its supply and demand... The way Iraq has been treated has ensured that there is less supply than demand, hense huge price hikes in the the price of a barrel.
The people to benefit from this, until Katrina, has been the Oil Companies
not in the Middle East, which can sell at that high price without the terrorism that is causing the problem there ... which ones are those again? Who runs them? Family name of Bush comes to mind for interests in a few of them.. :dry:
The reason there is a shortage of Oil in the country, is that the companies sell to the buyers... which can be from anywhere in the world. US companies dont keep their product in the US, they sell to the highest bidder like everyone else.
The US is a "Net" importer of Oil.
It imports more than it exports, that does not mean it doesnt export.