Contact your Congress critters to let them know that you are tired of high gas prices.
This is probably the result of Obammer saying he will tax the oil companies’ WINDFALL PROFTIS.
I’ll be back later I have to go catch that monkey that just flew out my ...
This is probably the result of Obammer saying he will tax the oil companies’ WINDFALL PROFITS.
I’ll be back later I have to go catch that monkey that just flew out my ...
Pelosi must have gotten through on the phone yesterday to OPEC.
After the pres said we need to drill, did the supply and demand make the price of a barrel drop so much in 24hrs, or speculation?
Bush's fault.
Resuming the drop after digesting the fact that Iran’s missle launch was a bluff.
Please help refresh my memory, Wasn’t oil around $15 a barrel for a short period of time 2 or 3 years ago?
Dollar is down today, so it may not fall to far.
When the speculators take the other side, and make oil race downward; I wonder how many people will be complaining about their affect on markets.
I won’t be. Push the snowball down the hill.
Could it be tied to the talk in Congress re: speculators?
The price for unleaded reglular in this area was $4.24 last night — the highest I’ve ever seen — up from $4.19 the day before.
Monday President Bush lifted the executive order blocking offshore drilling. The very next day oil has the largest one day fall in price in 17 years.
Whoever says that drilling will have no impact on the price of oil is a fool. Just the talk of drilling will influence the market.
Hmmm, Bush lifts the ban on offshore drilling and the price of oil is plummeting. Imagine that. If we even think about creating our own supply, OPEC cuts prices and increases output. Of course, Bush will not get credit for this but, that’s the way the market works people. If Congress would drop its partisan “we can’t drill our way out of this” line, we will see prices drop even further. OPEC may be greedy, but they’re not stupid. If the world says “fine, we’ll use something else to power our cars, factories, homes and so on...” OPEC’s cash cow would shrivel up and die. They can’t afford to have that happen. But, this time, they may well have sexually penetrated the canine.
The Dems are right in a way, drilling can’t be the ONLY solution. We need to develop alternatives so we can finally say to these OPEC countries, go pound sand. And, I believe, that we are very near that day. OPEC has overplayed its hand here and they are just beginning to realize that. And if the Dems can look past their lust for power just this once, we can really bring oil prices down, for now, and give the little guy a break.
Contact your Congress critters to let them know that you are tired of high gas prices.
It fell yesterday, and my local gas prices increased 20 cents...go figure.
Just wait until the MSM annnounces that the unexpected rise in inventory was false.
/s
