[QUOTE] I suggest you do a little research before spouting such rubbish. The impact on world oil prices of the "situation" in Iraq is only a secondary one, as with any regional, political instability. Iraq has not had a significant effect on oil supply for a while now - their infrastructure has been broken since Saddam Hussein decided to milk it for his personal gain... which was only encouraged by the corrupt high officials in the U.N.[/QUOTE] Little research (Iraq "oil prices") -> over 400k hits Oil rises after attacks in Iraq http://www.cnn.com/2004/WORLD/meast/06/16/iraq.oil.prices/ There is no shortage but oil companies are getting nervous and greedy.