Hmm... does Bush is laying-low on Iran have anything to do with the decreasing gas prices?
366914
coincidence?... OK, tell him please don't talk anymore until the end of your administration.
472594
No, I don't believe so. I think all of the rhetoric is what you call the October surprise. It's voting time, and all the subjects are coming to the surface just like the last time America voted. You have got to figure, that Russia or China, either one could supply Iran with what ever they wanted anyway. Iran hasn't gotten involved with the Iraq situation, and they could have at anytime. I really believe it's Bush pushing American Military again.
337915
First of all, we don't "have control" over Iraq's oil production.  We have a decent relationship with Iraq, but we do not control their natural resources.\n\nAlso, one of the main oil producing nation is IRAN, not Iraq.  And right now Bush is "evaluating" possible threats from Iran.  They are not our allies.  So everyone is scared of what might happen, so they jack up the prices just in case.\n\nThere is a supply and demand issue, which is why gas prices tend to go up on the weekends and over holidays, during the summer, etc.  Another problem is that the oil companies have learned that the market will support the high prices, so there is nothing to stop them.  I mean, how can they blame the increase on their costs rising when they made record profits last quarter??  Its not all a rise in cost, the oil companies are making KILLER profits.\n\nWhat can we do?  Short if walking, I don't know...
686740
It looks like. In my opinion America is asking for more trouble, as if it hadn't enough. America has abused its freedom and its resources to the extend that the developing nations have started hating its dominating attitude. It's already on "war" with Iran and things are hotting up to a final nuclear holocaust.
481293
There are a lot of events in the Middle East which cause oil prices hit the psychological level of 70 dollars .the main reason is \n"Geopolitics are riding the price" on the concern that Iran s nuclear row with U.S.  oil exports from the world s fouth-largest producer and as a major Nigerian supply outage dragged into a third month .stressing that there was no shortage of crude in the market . As there would not be any supply disruption from iran which pumps around 5 percent of the world oil.And who must take blame for that? its sure thats Bush!
359795
The country has oil, be aware, very aware Bush is shopping for just such a state. We will do Iran first though, they have more oil
226396
Iran has announced that they are going to open an oil market that opperates on the Euro.  That's bad for America because the US dollar is currently the primary currency for international oil trade.  So the United States has announced that Iran plans to have nuclear weapons.  How convenient.\n\ntaz: That's exactly what the US government wants you to think.  It's called propaganda.  Keep in mind that eveything that government agencies say they say for a reason.  They rarely just tell the straight out truth, and the current administration has a particularly notable history of lying.  You should always think about why they're saying what they're saying.
348889
supposedly it's because of "weapons of mass destruction." but we all know it's because of the oil. the shitty part is now bush has had us over there 3 years, and the fuckin gas prices are still pushing $3 and probably $4 in summer.
950556
way to go for noticing.i will tell you exactly what is going on.this whole war is being orchestrated by the Saudis.it has been from the start.Bush was told there were no weapons but said he knew better and would attack with or without approval.so Saddam is out of power and there are no weapons so why are we still there and what reason do we have to keep prolonging it.the reason is as long as it continues the countries that were buying their oil from Iraq have to buy it from the Saudis.makes sense now don't it.this also the exact reason why Bush keeps coming up with excuses trying to get support to attack Syria and Iran.again for more Saudi profit.now there is no oil profit for the Saudis in N.Korea so Bush wants to handle this diplomatically.there is no other reason that makes sense why we would have to go to the Saudis to talk strategy before the President meets with the leader of Iraq.excellent job and question.can't wait to read all the answers to this one .especially the Republican supporters.
399975
Mtn Biker, you conveniently left out that Exxon had sales of 330B last year.  Figure 90M into that and it would have almost zero affect (maybe 1/10th of a cent) on gas prices.\n\nI don't really care if you want to put the blame on Bush.  It's the fad these days anyway.  Others have pointed out the supply/demand nature of crude oil, which sets gas prices.  You might argue he could indirectly affect gas prices, but he doesn't affect them directly.  It can be argued both ways, so read up and make your own opinion.\n\nI'd like to point out that an Exxon boycott would do just about nothing because Exxon would end up selling their gas to the other suppliers that weren't being boycotted.  A selective boycott shifts the demand, not decreases it, which is what is needed to lower prices.\n\nThe mythbuster on that urban legend is here: http://www.snopes.com/politics/gasoline/gasout.asp
618889
It's President Bush.  He's spineless.  He's also a War-monger.  Why he's not doing anything about Iran is beyond me.  I'm middle of the road.
359449
I don't understand why people think that Bush (or any other president at any other time) is responsible for the price of oil or gas.  Things like wars, production, supply, and demand dictate the price of gas.  Not any given world leader.  \n\nTo blame one man or administration from ANY country for high gas prices is silly.  Believe it or not, our presidents have our best interests in minds (mostly) - the last thing they want to do is piss us off.
574413
It very well could... when Bush Sr. gas prices were sky high and then Clinton came in and prices fell... demand didn't fall though... it's because of all the instability Bush Sr. and Jr. cause in the middle east. If you destabilize area you get a product from, the prices are going to be destabilized, usually resulting in much higher prices... it's basic economics...\n\nIf a new president decided on a less "attack oriented" middle eastern strategy, it could go a long way into stabilizing the market in the minds of those on the market, dropping prices drastically\n\nIt's about supply and demand... but not just simple gallons to drivers, it's about how that supply COULD be changed and war in Iran clearly would change supply (if they US attacked they would probably destroy their oil fields, therfore the oil supply would go down overall) ... \n\nthe threat of war is more than enough to spike gas prices, the supply doesn't have to change, only be threatened...  I mean if you look at when the prices started going up the last time, it was when Bush started talking about invading Iran, it's far from a coincidence, it's common sense... the demand numbers haven't changed drastically
721061
You are a smart cookie!  Our fiasco in Iraq has given Iran the guts they needed to challenge the US.  After seeing how we're getting our asses kicked by a ragtag bunch of jihadists, they figured it was time to kick some sand in the bully's face.  And yes, anybody who's been paying attention knows that Saddam didn't want to admit he didn't have WMDs because he didn't want to appear weak to the Iranians.  Just another example of how stupid and self-absorbed some Americans can be.  We stumble into areas of the world where we don't have the first clue what's going on.
161945
Sometimes the entire Iran situation looks like Iraq, the current Iranian president 9being an independent candidate) seems like a perfect target to be the next Saddam Hussein. \n\nPolitically, the US is pressurizing the opposition to join them, as it is the governing regime will definitely go weak and then like in any other progressing economy they will have their foot in the door to make sure that there is a well paved road for them to commute whenever they want.\n\nI think only time will tell what exactly is the major game plan here, but one thing is sure it is not going to be a smooth ride and eventually the US will gain something substantial.
294163
I posed a similar Question and have similarly gotten only one unenlightened answer so far. Common people, I know there has to be more of us thinking about this, even the media is silent. This is a serious Question!!\n\nThere seems to be so much in the news that makes sense in light of the Iran card. This Port deal that Bush is pushing through seems a little strange, until one realizes geographically where UAE is located, the Straits of Hormuz, the   shipping lane in and out of the Persian Gulf. Nice place to have an buddy in case of a war with Iran.\n\nAnother notable development is that Norway has choose to trade oil Euros, and we don't even have to ask Syria and Venezuela. If the fickle Europeans desire to crush the US, they can in the blink of an eye by jumping off the dollar and onto the Euro. Remember the unfriendly gang of three (Russia, German and France) not long ago tried to show their collective anti American mussel.\n\nIf all oil trades in Euros it will mean the free fall of the dollar. Do all of these countries resent the US enough to see the one stabilizing military and economic power go down in flames? Not all, but some do. Will these nations mind seeing their dollar denominated investments wither, I think not.That said, I think the one thing that may foil the Iranian attempt to sink the dollar, is if well place conventional and nuclear bombs don't preempt the Euro switch in the first place, is the complete lack of a proven, regulated and stable market place. Historical financial data is all calculated in dollars as well and the dollar and Euro do not seem to have a long enough history to translate any predictability into a Euro denominated Market.\n\nAs much as the world may dislike the USA's strong arm tactics, we seem to be the only ones that are not afraid to  go and tackle world problems. i.e. Iraqi invasion of Kuwait, Genocide in Europe (Balkans). And if Americans want to continue to enjoy prosperity (hawks and doves both seem to be fond of money) their government will have to manipulate the balance of power to the USA's favor using all means necessary. The following links are not from main stream media outlets so they can be a little extreme in their views, but that is all we have since no one else is covering this here... now that I think of it an Israeli news source would probably be covering this, since the Iranian President  seems to think "whipping Israel off the face of the earth" is  a noble pursuit for his nation. ~God have mercy on us all!
1075773
It should be taken seriously, but to a point.\nIran restricting its fossil fuel sales would cause considerable price hikes of the oil pricing. The world won't end, but oil will become much more expensive, both for private individuals, for many nations and for private corporations. This would probably cause higher costs for oil-derived products and wasteful, energy-consuming activities in most countries, and a bit of inflation.\n\nOn the other side, you have to realize that Iran has little motivation to carry out this promise. If they rise the oil price or restrict sales, that means that they will be losing money as well. Iran's economy is quite dependant on its oil exports, and I can't imagine them substaining a high-price oil policy for a long time, since, for them, that would mean losing exports and money.\nThe truth is that Iran needs the world community as much as the world community needs Iran. Sure, we will always need oil, while they don't have an exclusive need to export it, what gives them the upper hand. But how far are they willing to take their threats? \nI'm not sure common Iranians would like their living standards reduced due to their economic dependency on oil exports. How much hardship are the iranians really willing to endure? Much of these are smokescreens and empty threats to see how the world community reacts, me thinks.\n\nAlso, we wouldn't be having this problem if Bush's and Blair's "pre-emptive strike policy" and pro-corporate war agenda wouldn't have scared the sh*t out of Iranian people and led them to elect the nationalist nutso that Iran has as prime minister. They've really done a good job, increasing terrorism in Iraq and turning a quasi-religious state into something even more radical and fundamentalist!