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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (155654)	1/8/2005 6:36:05 PM
From: Maurice Winn	Respond to of 281500

<Your original claim was that Bush 41 caused oil prices to jump from $25 to $14 because of Desert Storm. That was a UN mandated thing which I believe New Zealand sent two goat ropers into the mix.> Actually Ish, my claim was that keeping Iraqi oil off the market caused enormous profits for the oil and energy industry [such as BP, Exxon, other energy producers such as nuclear power reactors, and the likes of Saudi Arabia not to mention Bushworld's buddies]. That doesn't mean prices go up and stay up. It means that prices on average are higher than they would be if an enormous low cost producer was able to let it rip, open the spigots and gain all the market share they liked. That's why many countries have anti-monopoly and competition laws to ensure such shenanigans don't go on. Ironically, governments just love to run hideous monopolies themselves using the power of the state and the barrel of the gun to enforce their monopolies. Sorry about the joking personal comments. I know you know about supply and demand and prices. Mqurice PS: I believe NZ also provided transport for the two goat ropers, so there was a LOT of help. Unfortunately, the USA bombed and killed one of them, so you can understand why NZ is reluctant to send many goat ropers to help with target practise. english.people.com.cn It's a bit scary with trigger-happy gun-nuts on the loose in free-fire zones. globalsecurity.org