Several years ago, the college, still rich with oil money, gave the festival $370,000.
But what will happen when the oil money runs out?
Also, the oil money is 80% of the money the government makes.
In the 1950s, Iraq was awash with new oil money.
Thus, this is a clear example of a government using oil money to support terrorism.
As more of the oil money is spent, the American economy may be left in a precarious position.
Iraq also needs the oil money that it has been denied since 1990.
He says the government had no choice in the past but to spend its oil money on weapons.
The oil money in the 70's gave the illusion that power had come to the Islamic world.
The politicians from the governors down took the oil money and played along.
