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No One Ever Said The War Would Result In Cheaper Gas Prices

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-09-07 12:46 PM
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No One Ever Said The War Would Result In Cheaper Gas Prices
Edited on Wed May-09-07 12:57 PM by NNN0LHI
http://thinkprogress.org/2006/04/19/bartlett-caught-in-lie/

<snip>BARTLETT: That’s not correct, Chris. The president or no one else ever said that this war was going to result in cheaper gas prices…

MATTHEWS: Ok, so just to make it official, Dan, no one in the administration has ever said that we would have cheaper gas because of war in Iraq, just to make it official?

BARTLETT: I don’t recall anybody ever saying that, Chris.

As Matthews noted later in the broadcast, Laurence Lindsey – President Bush’s senior economic advisor at the time — argued in 2002 that the Iraq war would increase oil supplies and lower prices. From the Washington Times, 9/19/02:

As for the impact of a war with Iraq, “It depends how the war goes.” But he 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.

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endarkenment Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-09-07 01:00 PM
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1. Why would the Saudi-Texas Oil Mafia want to make oil cheaper?
I can think of a lot of other questions that are far more interesting than 'where is the cheap gas?'.
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