Gas Prices in Iraq

[Nebe]

its THEIR oil!!!!!!!! not our oil.

[Raven]

how is Iraq gonna repay us for all those nice 500 pound bombs we dropped ...

i think we'll take payment in gas please.

[Homerun04]

its THEIR oil!!!!!!!! not our oil.

Agreed......but the only way they can afford to sell it to their citizens at such low prices is if they sell it at such exhorbitant high prices to everyone else.......view this in economic terms and not political terms....view the entire world as one market....the answer obviously is to not buy their oil from them. Do you feel okay paying such high prices knowing you are getting fleeced and being taken advantage of? Are you okay with the major drug companies in the US charging you 400% - 1,000% more for your prescription drug then the price they sell those drugs for an every other country in the world?

Many companies/industries sell their products to the US consumer at unfairly high prices compared to their other customers (read countries). Is this fair? IMO -- all it does is keep adding to the high rise in cost of living in the USA.

Let's use the same logic on US exports and charge less to US citizens for the products we make here then when we ship them overseas.......oh yeah, we don't have any of those products anymore given we pissed away the manufacturing market, the high tech market, the textile market.........

[Homerun04]

No one in Iraq owns a car . that's why it so cheap.

False....the single largest private automobile ownership growth rate over the last two years has been....you guessed it....IRAQ......

"Meanwhile, the end of UN sanctions and the CPA's abolition of taxes have in effect transformed Iraq into a vast duty-free zone, opening the floodgates to
a stream of imports of energy-intensive consumer goods at prices well below inflated pre-war levels. According to one estimate, some 300,000 to 450,000 second-hand automobiles have been imported into Iraq since the war from dealerships as far away as the United Arab Emirates. Cheap consumer
durable imports, including air conditioners, freezers, washing machines and televisions, have met robust pent-up demand. Problems with electricity supplies have boosted imports of power generators, and thus diesel demand."

http://omrpublic.iea.org/omrarchive/13nov03full.pdf
International Energy Association - 11/03 Monthy Report......the trends have only continued - and accelerated -- since then.....

[fishaholic18]

Originally Posted by Nebe

its THEIR oil!!!!!!!! not our oil.

Should be ours!