Thursday, September 14, 2006

gas price before the Iraq war on 7th Feb 2003

The more you understand about any subject, the more interesting it becomes. As you read this news you'll find that the subject of gas price history is certainly no exception.

The more authentic information about gas price you know, the more likely people are to consider you a gas price expert. Read on for even more gas price history and facts that you can share.

Feb. 7, 2003, a month and a half before the Iraq war, when the price of gas was $1.75. "Crude oil rose to a 26-month high yesterday after President Bush said that the United Nations Security Council must enforce its resolution on disarming Iraq."

Since then the oil market's fears have been replaced by the reality of depressed Iraqi oil production, and more recently by fears of an Iranian oil disruption if the U.S. attacks Iran. This is only one of several reasons for high gas prices, but it is the one under our control.

When word gets around about your command of gas price facts, others who need to know about gas price history will start to actively seek you out.

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