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The high cost of the Iraq war
In a short report (audio only) this morning about the high cost of gasoline, the KUT reporter interviewed a UT economics professor who estimates that the instability and uncertainty caused by the war in Iraq accounts for about $7-10 of the rise in the cost of a barrel of oil.
So, the American taxpayers aren't the only ones paying for the war. Oil consumers the world over are paying the price as well.
Posted by Stan Taylor on April 26, 2006 07:43 AM | Permalink