OT: should we run out and buy gas?
3-4 oil wells are on fire now because of saddam, that bastard. but we are ******* him up right now.... should we go buy gas before it gets higher?
edit- song playing in my mind right now.
<U>outkast- bomb over baghdad</U>
[Modified by 98-DC2, 10:43 AM 3/20/2003]
edit- song playing in my mind right now.
<U>outkast- bomb over baghdad</U>
[Modified by 98-DC2, 10:43 AM 3/20/2003]
The US has not used oil from saddam for some time now so it will not effect US gass. After we win this war i'm sure we will buy oil from their new goverment, and that is likely to lower prices.
prices went down here this am... from 1.98 to 1.80... so I don't think we'll be seeing a fuel shortage. I just hope that we can get this over in 3 months so I can have a job.
3-4 oil wells are on fire now because of saddam
-Jeremy
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oil hit a 4 month low yesterday...i smell prices dropping down to something lower than 1.75
there's going to be alot more ablaze as the war goes on. after the first gulf war, there were something like 800 wells sabotaged in kuwait. there's no telling how many saddam is willing to set ablaze as his regime crumbles. however, the US doesn't rely on oil from iraq as much as european nations. according to the US dept of energy, in 2002 only 2.3% of our total petroleum supply came from iraq.
the military has all of the wells in s. iraq secured (about 1000 of them)
-Jeremy
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