What effect has the Iraq war had on US gas prices?
It’s caused prices to rise significantly. The U.S. military uses a ton of gas every day to run its vehicles, and the added demand on gas has caused an increase of fuel costs. That coupled with the devaluation of the dollar, are probably the major causes of increased gas prices. Time published an article in 2003 that attributed a 30 cent rise in gas prices because the government bought an incredible amount for “reserve.
