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To: B-Chan
The oil rigs are shutting down because the a**hole at the Interior department pulled all the leases. Threats to tax the hell out of the oil industry make it uninteresting to continue investing money in that direction. Peak oil? BS! It's political mischief causing the problems. It could be turned around rapidly with sane capitalists at the helm. As long as eco-terrorists and Marxists drive the policies, the market place is going to hunker down to stay clear of their sharp economic knives.
4 posted on 04/13/2009 9:09:38 PM PDT by Myrddin
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To: Myrddin

“A recession is any time the people lose
confidence in the future.”
R.Nixon

The political decisions are driving a stake into the heart of our economy. The question then becomes.....why?


13 posted on 04/14/2009 12:25:43 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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