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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (355197)2/6/2003 6:14:34 PM
From: sea_biscuit  Read Replies (1) | Respond to of 769670
 
Yes, the total demand in the world determines how much money Iraq will receive for its oil. And our demand determines the total demand in the world.

If the US were to announce that it will reduce its oil imports by 10%, prices would fall steeply. And so will Iraq's profits.