The Economic Insanity of the Iraq War ,March 25, 2008
by Will
Will Grigg?s Liberty Minute
March 25, 2008
In addition to being a moral obscenity, the war in Iraq is a prolonged act of economic insanity.
In 2003, we were told the Iraq war would essentially pay for itself through oil revenues. However, as energy analyst Robert Bryce observes, ?nearly every drop? of the fuel consumed by the US occupation force is imported into Iraq.
Every day, the average American GI in Iraq uses about 20 gallons of fuel ? an exotic blend called JP-8, which is hauled into the country by a fleet of gas-devouring tanker trucks. Delivering fuel to Iraq costs the taxpayers $42 a gallon, not including the price of the fuel itself. The US military burned more than 1.1 billion gallons of fuel in Iraq in 2007.
Oil, which cost 25 dollars a barrel when the war began, now costs over 101 dollars a barrel. Rather than paying for itself, the war threatens to drive our nation into a depression.
Let us take back the liberty wherewith Christ has made us free.
03/25/08 10:53:08 pm,