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Attack on Iraq: Its Effect on Crude Oil Prices
Attack on Iraq: Its Effect on Crude Oil Prices
September 11, 2001, Afghan terrorists attacked the United States. They struck America at her financial and governmental heart: New York City and Washington D.C. That same day, gasoline prices soared. People feared that gas would begin to run low with the obvious retaliations that to were come on the suspects in the Middle East. The demand for crude oil/ gasoline was at an extreme high due to the possible threat of a low supply. Nearly all the crude oil the U.S. uses is supplied by OPEC, which a predominately Middle-Eastern control...
Attack on Iraq: Its Effect on Crude Oil Prices
September 11, 2001, Afghan terrorists attacked the United States. They struck America at her financial and governmental heart: New York City and Washington D.C. That same day, gasoline prices soared. People feared that gas would begin to run low with the obvious retaliations that to were come on the suspects in the Middle East. The demand for crude oil/ gasoline was at an extreme high due to the possible threat of a low supply. Nearly all the crude oil the U.S. uses is supplied by OPEC, which a predominately Middle-Eastern control...
Posted by: Gelinde Cobbs
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