Every day we Americans are paying more and more for gasoline, and in large part the price spikes we're seeing today are because of Republican stupidity. The price of oil continues to rise, not so much on supply and demand, but on the threat of a reduced supply as a result of instability in the Middle East... instability that we've created through the Republican bonehead move of invading and occupying Iraq.
An attack -- or even an attempted attack -- by Islamic extremists on Saudi Arabia's oil sector would have disastrous consequences on the world market and the price per barrel, analysts warn.
Of more than 700 people arrested in the course of the last six months in Saudi Arabia, dozens had been part of cells charged with preparing attacks against oil sites, according to authorities in Riyadh.
With the price per barrel rising constantly and the capacity to increase global production almost non-existent, apart from in Saudi Arabia, the world market has never been so vulnerable to an offensive by Jihadists in the kingdom, they said.
McCain wants to Whack the Moles in Iraq for another 100 years, but they just pop up elsewhere -- threats such as those evident today in Saudi Arabia, spurred on by the instability and wrong-headed approach our nation took by invading and occupying Iraq, is driving up the price of oil and gasoline. An attack on Saudi oil facilities -- even if unsuccessful -- will have a catastrophic effect on the price we pay for oil. A successful attack that actually effects oil output will have an even greater effect.
We're paying the price for Republican stupidity at the pump every day -- it's time for a change.
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