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RE: fears and solutions

> My fear is that the US is planning to bomb the oil facilities
> in Iraq to set the economy back another 20 years.

Hi Philippa,

I think that bombing Iraq's oil facilities is unlikely.  The US is currently
the largest consumer of Iraqi oil sold under `oil for food'.  Oil is a
commodity, so the US could bid suppliers away from other countries if it
destroyed Iraqi facilities but this would certainly bid up prices and would
force reconfiguration of US refineries that have been set up to refine Iraqi
oil.  Both of these steps are expensive.

It would also bring a world of hostility towards the US, undoing years of
effort to convince people that Iraqi suffering was not a consequence of US


Colin Rowat

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