Bullshit!I already debunked your bullshit.
This is the sequence of events, Iran tested its missiles, oil prices peak, Israel did not attack, oil started down, Bush makes purely symbolic lifting of ban.
http://www.guardian.co.uk/business/2...il.commodities
Oil prices surged to a new record of $147 a barrel yesterday on increasing tension between the west and Iran.
Brent crude rose to $147.02 in London, while in the US light sweet crude was up by more than $3 to $146.90.
Iran this week tested missiles capable of reaching Israel, leading US secretary of state Condoleezza Rice to warn that America would defend its allies. Iran, second largest producer in the oil cartel Opec, responded with another missile launch.
Neither the US nor Israel has ruled out a military strike on Iran. Traders fear the oil-producing nation could retaliate by blocking the Strait of Hormuz, through which 40% of the world's tanker traffic passes.
"There's always a fear premium in pricing," said Jeff Brown, managing director of Facts Global Energy. "The tensions in Iran and the threat of supply disruption will help support oil prices."
Nigeria's main militant group also helped drive up oil prices by threatening to resume attacks on the country's oil production facilities. The Movement for the Emancipation of the Niger Delta has carried out a number of attacks on oil installations and kidnapped several expatriate oil workers over the last few years, which has contributed to oil production in the country falling by about a quarter.
Blah blah blah balh blah
I posted the nonpartisan links that call you a fucking liar.
Your own links show prices peaked July 10 after Iran launched its second missile test in defiance of threats from the US and Israel. When Israel did not retaliate the price of oil dropped immediately. Bush did not make his purely symbolic gesture until July 14 with prices already down from their July 10 peak.
dumb ass
1.what month did bush lift the offshore drilling ban?
2. What was the gas price the preceding month and the month when the ban was lifted?
3. What was the price of gas the next month after the ban was lifted?
OK duumb here are the gas prices leading up to the crash of the economy and even then gas prices did not surge up because bush had lifted the offshore drilling ban
March 2008
U.S. gas prices
April 2008
Average gas prices
May 2008
Average gas prices--May 12, 2008
June 2008
Average gas prices
Bush lifts offshore drilling ban
July 2008
Average gas prices
Gas drops
Aug 2008
Average gas prices--August 18, 2008
Economy crashes gas drops
Sep. 2008
Average gas prices
Oct 2008
Average gas prices
Even in a bad economy gas drop because bush lifted the offshore drilling ban.
Nov 2008
Average gas prices
Now shut the fuck up