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Does a U.S. military presence in the Middle East stabilize or destabilize oil prices?

April 26, 2017destabilize Middle East Military Oil presence prices stabilize

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Does a U.S. military presence in the Middle East stabilize or destabilize oil prices?

1 Answer

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We certainly aren’t getting more oil, if that was the intent. We aren’t occupying Iraq for the resources. With new demand from China and India, maybe it is irrelevant. Maybe it didn’t matter if we are there or not. Hopefully we did something great for the people of the region, but I travel and I listen, and when I’m in the region, people are pretty unhappy with the U.S. presence.