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Good for the economy?

Is the Iraq war good for the economy? Where does that $10+billion a month go? A few million goes for fuel, of course:

Military units pay an average of $3.23 a gallon for gasoline, diesel and jet fuel, some $88 a day per service member in Iraq, according to an Associated Press review and interviews with defense officials. A penny or two increase in the price of fuel can add millions of dollars to U.S. costs.

Critics in Congress are fuming. The U.S., they say, is getting suckered as the cost of the war exceeds half a trillion dollars - $10.3 billion a month, according to the Congressional Research Service.

Some lawmakers say oil-rich allies in the Middle East should be doing more to subsidize fuel costs because of the stake they have in a secure Iraq. Others point to Iraq’s own burgeoning surplus as crude oil prices top $100 a barrel. Baghdad subsidies let Iraqis pay only about $1.36 a gallon.

Someone is profiting from the sale of oil during a war for oil fought above one of the biggest oil reserves in the world. This is a war that was supposed to pay for itself through Iraqi oil.

NONE, NADA, ZIP, ZILCH

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