choirsoftheeye on 20 March 2008
| Kratos0518 said: Choirsoft theeye, High Oil prices is not a direct result of the Iraq war, like I said revisionists will like to blame everything on the war. I don't like the war either but truth be told. Oil is up because of the perfect storm of, a combination of factors mainly due to supply and demand and a little group of capitalists known a speculators and finally a weak dollar. The world produces more oil today than at anypoint in history, close to 90million barrels a day. Demand is strong and supply is tight and at peak capacity. I don't want to go into how speculators bid the price up I'll leave it for anothe day but there you have it. |
Well as I said - I frankly didn't know enough to say anything definitive. That part of my argument was pure speculation. Also, stop calling people who disagree with your version of reality "revisionists". It's petty, unhelpful and arrogant. I was mocking you a bit when I did it in the above response.
EDIT: Well, actually, I apparently didn't post quite what I thought I did/meant to. But I was mistaken and stand corrected.
