Should these prices be so high? Or should the govenment just control these prices and stay out of Iraq? If you really think about it, we are using alot of oil just for over there.High Oil Prices, is the price right?
Yes they are right. The prices are determained by the future supply and demand of oil. Iraq is not why they are high. It is by the increase in world demand with supply shrinking. Mainly do to emerging economies of India and China. THe govt regualating anything would make it worse.
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