Friday, December 18, 2009

Is BP Oil benefitting the most from the Iraq War?

hate to think a UK company, with British executives are benefitting most, and not AmericansIs BP Oil benefitting the most from the Iraq War?
No


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American oil companies have also been on the carpet by the government to explain why they are receiving 3 to 4 billion dollars USD in profits every 4 months


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And gasoline prices are out of sight


Putting the American auto industry on the chopping block of existing for another year trial


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It is the oil futures investors that are banging up the bucks


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OPEC just finished a meeting in Switzerland to see what the problem is and how to resolve it what came of it I don't know


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But the oil is not in short supply or are there no countries in short supply of what they need


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So the mouse that is not in the mouse trap is the get rich people who need something to get rich quick on


Stock Market Oil Futures investors and how they work still escapes my mind


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Only They Do And It WorksIs BP Oil benefitting the most from the Iraq War?
No I don't think so. I'm not aware of any evidence for that so until I know I'll remain sceptical.

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