Hacker News Reader

Comment by aurelianito | Hacker News Reader

Gas is subsidized by wars in the US. If you keep that in mind, the value that they get from their money is not that low.

Edit: Please do not down-vote just because you don't agree. The second Gulf War was explicitly called OIL (Operation Iraqi Liberation). See http://en.wikipedia.org/wiki/2003_invasion_of_Iraq#Military_... and http://www.youtube.com/watch?v=GoSBqs6y8uM

View on HN

This is a claim that requires some justification.

Gas in many countries is far cheaper than in the US, and the reason it is more expensive in others is heavy taxation and regulation, not lack of coercive negotiations.

I'll bite. The second gulf war was officially called OIL (Operation Iraqi Liberation). See http://www.youtube.com/watch?v=GoSBqs6y8uM and http://en.wikipedia.org/wiki/2003_invasion_of_Iraq#Military_...

It was called Operation Iraqi Freedom. OIF

OIL was pretty much on the ball though :)

It was renamed as Operation Iraqi Freedom after the public relations nightmare it generated. Just look at the links I posted before.

That's a pretty silly oversight. Somewhat akin to the supervillain revealing the details of his plan to the captured secret agent.

Yes. It was really silly.

Yes, the Iraq war had much to do with protecting the world oil supply. While the oil and gas industry is heavily subsidized, that war did not give the US a better deal on oil than anyone else. While it may have impacted oil prices, it did so globally.

Reply on news.ycombinator.com