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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: kech who wrote (256068)	10/18/2005 2:46:02 PM
From: tejek	Respond to of 1572631

They started a war in Iraq, and in process, created great uncertainty in the oil markets. Markets hate uncertainty. So now the price of a barrel of oil is $65 because of uncertainty? Sure there might be some uncertainty premium but I think there is more to the story. You asked for what role Bush played in the increase in oil prices. I gave you the answer. Of course, there are other elements at play........Bush didn't do it all single handedly......but the war in Iraq has been a big factor.