USA OIL

Throughout the United States the majority of people are scared wondering when war will be declared. At the same time the citizens of America know, once we are at war with Iraq we will then be at war with oil providers. In order to keep prices from raising the American people must learn the value of conservation. The US, as a business will have many decisions to make within the next few months.
The US is facing its most persistent shortage in oil stocks in over 27 years. With war lurking around the corner, the US has unlikely enough turned to help from Iraq. Although the US plans to launch around 300 cruise missiles a day on Iraq, Iraq has doubled its exports to America, helping US refineries cope with a devastating strike in Venezuela. Iraq, who has the world’s second largest proven oil reserves of 112 billion barrels, and at least another 100 billion of unproven reserves, would be a “gold mine” for any oil giant such as Exxon or Shell. Many experts believe that ...