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War "costs 10c a litre"

1points Posted 1073 days, 3 hours ago by orderinchaos
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THE Iraq war has cost Australian motorists up to 10c a litre in higher petrol prices, according to Labor foreign affairs spokesman Kevin Rudd. Mr Rudd yesterday cited new research by a Nobel Prize-winning economist that linked the war to higher petrol prices and interest rates.

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Source: http://www.news.com.au/sundayheraldsun/story/0,21985,2018619…

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According to an oil expert, in Perth at the moment, says the price of unleaded petrol in WA will crash through the $2 mark this summer.

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