Iraq: March 28, 2000


With gasoline prices at record highs, analysts are concerned that Saddam might suddenly pull his oil off of the market, sending gasoline 25 cents a gallon higher. The move is risky, since other oil-producing countries (which engineered the current high prices) could increase production to replace Iraqi oil, and more Iraqi oil is smuggled out of the country than is exported through the UN oil-for-food program.--Stephen V Cole




Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   Contribute   Close