Follow The OilSubmitted by John B on Fri, 09/11/2009 - 21:05
Young Americans are dying to enrich the oil companies.
It occured to me it doesn't matter if the U.S. prevails in places like Iraq as long as the production of oil is limited. From the Law of Supply and Demand we know preventing oil production increases the price of oil elsewhere. So the oil companies are in a win-win position as long as the conflict continues. Once the "right people" control the oil, then peace becomes desirable.
Note Greenspans comment about oil and war. Of course there are others factors.