How high do you think would the price of oil be today if the US hadn't invaded Iraq?

probably around $60 a barrelHow high do you think would the price of oil be today if the US hadn't invaded Iraq?
Probably about half the price is in reality. But who cares?? Money is not the most important thing. It was a war of aggression and it is wrong. Full stop.How high do you think would the price of oil be today if the US hadn't invaded Iraq?
it is the greedy oil producers who are limiting the amount of oil in circulation to push up the price





these are not the americans
i think it would be around $70 to $80 a barrel
The price was in the $20-$30 per barrel range before Bush started his war in Iraq that disrupted global oil production.





There would have been a slight rise due to the increased demand by China and India due to Bush's economic policies that encourage American companies to offshore to those locations, but usage in those locations is just a drop in the ocean compared to US usage.





The drop in the value of he dollar as compared to other currencies has also fueled the rise in price.





It takes more dollars now as compared to more stable currencies like the Pound or the Euro.





Unfortunately oil is only priced in Dollars, so a weak Dollar increases the price of oil.