maybe this is why gas is so high

[Gumby]

http://news.bbc.co.uk/2/hi/business/4944814.stm

Iraq oil hit by graft and attacks
Workmen fixing an oil pipeline in Iraq
Oil revenues are earmarked to help finance the rebuilding of Iraq
Iraq's oil industry is being crippled by corruption at a time when insurgents have stepped up attacks on the nation's infrastructure, a report has claimed.

The Oil Ministry's inspector general Ali al-Alaak said graft and smuggling are the main threat to Iraq's economy.

He called on policymakers to better protect infrastructure such as pipelines and catch corrupt officials.

Iraq has the world's third-largest oil reserves and the revenue from its sale is needed to rebuild the country.

Hard fix

Mr Alaak estimates that some $4.2bn (£2.3bn; 3.4bn euros) worth of oil-related products were smuggled out of Iraq last year, while crude was stolen directly from the country's leaking and pipelines.

"We really are losing billions," he said.

"The corruption in the oil sector and smuggling of oil products to neighbouring countries are the most important reasons behind the loss of billions of dollars, and these two problems are the biggest threat to Iraq's economy," he said.

He added that the campaign of violence has intensified against sensitive sites.

"Every time we fix the problems because of those attacks, the next day or a few days later they can attack the same site," he explained in Baghdad.

Another problem is that it has taken longer to upgrade pipelines and other oil equipment.

"We have done about 30% or 35% of what we had listed for 2005," he explained. "This is a really big problem.

"When we increase our production in the south we cannot push more through the pipeline because it can't handle the pressure."


We've done a great job at getting that country back and running, just keep blowing up what they try to build... even better that that's the money we weren't suppose to have to spend on the war...

Gumby Reviewed by Gumby on 04-25-2006. maybe this is why gas is so high http://news.bbc.co.uk/2/hi/business/4944814.stm Iraq oil hit by graft and attacks Workmen fixing an oil pipeline in Iraq Oil revenues are earmarked to help finance the rebuilding of Iraq Iraq's oil industry is being crippled by corruption at a time when insurgents have stepped up attacks on the nation's infrastructure, a report has claimed. The Oil Ministry's inspector general Ali al-Alaak said graft and smuggling are the main threat to Iraq's economy. He called on policymakers to Rating: 5

[Psycho4Bud]

This has something to do with it also not to mention that the Iranian President fully knows that every dumbass comment of his drives up the price of oil.

Switching Gas Additives Could Create Fuel Shortages
http://www.thewbalchannel.com/health...71/detail.html

[eg420ne]

"High gas prices are a sign of a failed presidency." ~Dick Cheney, 1998

Said when Klinton was in office and gas was like $1 a gallon

[Gumby]

^ Should be the republican slogan this fall...

[xblackdogx]

... ^^ that's a funny quote

can't do anything about the price...
china's and india's demand is what's making it higher....
not even the supply... it's just the demand
europe has been like 5 bucks forever, Americans are uneducated about the price in other countries... it's not that high...

am i pissed? hell yes!
i'm not driving my 96 Camaro Z28 (haven't been driving all year, college) all summer and renting a place in the city, instead of going back home, and exercising the use public transportation instead