The Krile Files

The Explanation

May 27, 2008 · Leave a Comment

Gas prices.  Higher almost every day. Why?  Supply and Demand? Investors playing the market?  The Iraq War?  Likely all of the above, but this economist pegs the war and the big problem.

Bush Tripled the Price of Oil

The invasion of Iraq by Britain and the US has trebled the price of oil, according to a leading expert, costing the world a staggering $6 trillion in higher energy prices alone. The oil economist Dr Mamdouh Salameh, who advises both the World Bank and the UN Industrial Development Organisation (Unido), told The Independent on Sunday that [...]

Other than that, how was your holiday weekend?

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