Contrary To Administration Predictions, Iraq War Contributing To High Oil Prices

Who the hell actually believed that war in Iraq, or anywhere else for that matter, would not drive up the cost of oil?

It takes a lot of gasoline and oil to power a military at war.

It is beyond me to understand why anyone, with an ounce of sense, actually believes this kind of wholesale bullshit from BushCo.

Think Progress � Contrary To Administration Predictions, Iraq War Contributing To High Oil Prices:

"In September 2002, when the price of gas was $1.40 per gallon, White House senior economic adviser Laurence Lindsey predicted regime change in Iraq would lower oil prices:

As for the impact of a war with Iraq, 'It depends how the war goes.' But [Bush senior economic adviser Laurence Lindsey] quickly adds that that 'Under every plausible scenario, the negative effect will be quite small relative to the economic benefits that would come from a successful prosecution of the war.'

'The key issue is oil, and a regime change in Iraq would facilitate an increase in world oil,' which would drive down oil prices, giving the U.S. economy an added boost. "