[AdamZ]

Originally Posted by suzook

Since we are getting political......Bush has/had ties with the oil companies...all the savings are going into the pockets of the oil companies, and "investors"

Originally Posted by StephenS_84

This....

Originally Posted by jd10013

you heard what you wanted to hear. the oil revenue was never viewed as anygthing but a way for them to fund the rebuilding of their country. The US has never asked someone to "pay us back" Bush was clear from the beginning, it was about WMD's.

Originally Posted by benji1997

Actually the Cheney/Bush Administration hinted very strongly that this war wouldn't cost us much because the Iraqis would be able to re-imburse us for liberating them with their oil riches.

Originally Posted by jd10013

lol, where did you hear that? the first gulf war was indeed about oil, the second had nothing to do with it. anyhow, the oil companies are just a convenient whipping boy. they don't gouge, collude, or anything like that. the fact of the matter is, oil is a commodity traded globally, and all commodities are traded in US dollars. when Bush came to office (in order to help US industry compete abroad) he allowed the dollar to devalue. As the dollar drops in value, everything we export becomes cheaper. the flip side of that though is everything we import becomes more expensive. when Barry got elected, he ratcheted up this policy by having the FED print trillions, and trillions of dollars. we now have a currency that's worth barely half what it was 15 years ago. were essentially doing what we bitch about the Chinese doing. and because oil is sold globally, is sold in US dollars, and is a commodity; it doesn't matter how much of it we produce here. other than the revenue coming back home.

the oil companies have been investigated about 2 dozen times over the last 40 yrs, and never once has any instances of gouging, collusion etc been found. until someone comes along and repeats the strong dollar policies of Reagan and Clinton your never going to see the price of gas drop much.

Originally Posted by benji1997

Yes those famous "WMD's".

You guys need to bail on this subject real quick before warnings and suspensions get handed out. This is exactly how I got suspended. Just trying to keep you all here This thread will be closed soon.