re: Analyst warns fall of Baghdad would mean higher US gas

Wow, gas might go up. Woe is us. I wonder if we can weather the upcoming gas crisis if supply is disrupted because as we all know, Iraqi oil production has always been stable.



And which country will be most affected by the possible disruption? China, who is the largest importer of Iraqi oil. :)

I think we actually are the winners here.

quote:

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“The Chinese are the biggest beneficiary of this post-Saddam oil boom in Iraq,” said Denise Natali, a Middle East expert at the National Defense University in Washington. “They need energy, and they want to get into the market.”

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