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Jake

I find myself supporting the war more than I did when it began. Maybe we shouldn't have gone it, but we'd be bitches for not giving a long, honest effort to give the Iraqis a stable, sovereign nation. We've taken down their Leader, broke up their government, and destroyed their infrastructure. As a humanitarian, these people should be helped...

High oil prices have nothing to do with it. Why do people think that everytime prices go up, it's some conspiracy to sock you in your wallet? Simple economic rule: When demand rises and supply falls, the price rises pretty fast.

The "obscene profits" are a fallacy also. You can't look at their profits alone, you need to look at their profit margin. If I remember correctly, many of these "oil companies" actually made their "obscene profit" with a smaller profit margin. This means that for every dollar spent, they took home less profit than they did in the past. Even though they are making less money per dollar, the made huge amounts of money because of the higher demand.

What do you want these oil companies to do? Get less than a penny in profits for every dollar they spend?

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Tangerine

I don't think that the president should go to war without a declaration of war from congress. I think that it shows the wakening role of the congress that they would give Bush a blank Check to commit troops for as long as he wants without a declaration of war. The president has become too powerful.

Tangerine

And why has the supply fallen? Because Iraq's oil production has been cut in half since we rolled in, and general destabilization in the region gives them a good reason to jack up the prices more. Hopefully the rising cost will lead to alternatives.

Doc Mitch

the thing is while the supply has fallen, the demand has relatively stayed the same. according to elementary economics the price would still go up, but in this specific case it shouldnt have because there is still more than enough supply to meet the demand.

RookieSmoker

I'm against the war. I'm not gonna go on a rant about this and that because I don't like getting in the middle of political debates unless I'm high (which I'm not right now), but I wanna comment on the topics posted about Saddam Hussein. I wasn't a fan of him, far from it, but I do believe going to Iraq and overthrowing Saddam was not the correct move. Currently, Iraq is in a far worse situation right now as they were before, even with the genocide. Now, the people living there don't have enough food, enough water. They aren't as safe, yes, they ARE NOT AS SAFE, as they were with Saddam, because now you have kids coming from other countries like Egypt and Jordan and Lebanon and even Saudi Arabia strapping bombs to their chests and killing soldiers, who for the most part aren't isolated. There is a constant paranoia floating around because anyone that is in the area of the US Armed Forces is being targeted by "militias". I said I didn't want to argue politics but here I am lol, and on a side note to everyone reading this, I'm half Egyptian, I'm not some random guy on an internet board trying to side with Saddam and I'm not trying to put down what the troops are doing over there, but I whole-heartedly believe we need to get out of Iraq and let them establish themselves as a country by themselves, if not for them, for us, because the US doesn't have the financial requirements to stay in Iraq for another 4 or 5 years.

EDIT: Also, as for the gas price discussion, the price of gas rising isn't simply because supply is failing, but other countries that are upset with America going to war are also cutting the amount they're willing to sell to America, if they're willing to sell any oil at all. There are also countries that are upset with America because of the aid they've been giving Israel and it's comparison to the other countries (arab countries) in the region.

 

Darque Pervert

You do realize that you contradicted yourself in this paragraph...

The supply of oil doesn't mean the amount that can be pumped from the ground. It is the amount of oil that the oil-producing nations re willing to release into the market. They control the supply.

Yeah, it sucks. It puts the entire world at the mercy of those with dead dinosaurs under their topsoil.

But it's a fact of life on this chunk of rock we call Earth.

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Life is always a spiral. It's the choices of the individual as to whether that spiral is aimed up or down.