Do you believe that the price of Gas would have stayed lower if

[heidler1]

Saddam would have remained in power. I do because both Kuwait and the Saudis would have been more fearful and therefore more concerned about protecting the U.S. economy. Besides Saddam was better at getting Iraqi oil to market than we are.

[Solon]

1. The price, I believe would have stayed more stable....

However, we would have still suffered it steadily rising, can't avoid that, its physics and geology there, that doesn't change no matter who is in power. The topsy turvy way that the prices our fluctuating would have been lessened, but that is probably it.

[ClintonTyree]

2. But Saddam was going to trade oil for Euros.................

not dollars. That would have shaken the market up pretty good all by itself. I actually think the price would have skyrocketed if he'd been able to do that. That's why we had to make Iraq's oil OUR oil. We'll never know for sure.

[Festivito]

3. Iraq is not relevant. Deficits lower confidence in US dollar.

Saddam is a red herring.

A lower dollar means the dollar price must go higher for the exporters to make the same amount of gold and Euros. We are stable at the moment, until the inflation returns, then who will want to invest in US? Off to Europe and Asia we go!

Alan Greenspan will resign just in time. Then they will rewrite the accounting and rewrite history.