Wednesday, August 18, 2010

Oil closed at $139 today. But...but...I thought libs said the Senate Investigations worked?!?

the Senate investigations worked? When is the Senate ever successful, except when they are extracting more money from taxpayers? Also, consider the source!Oil closed at $139 today. But...but...I thought libs said the Senate Investigations worked?!?
This is Nonsense. Stock prices drive the price of oil. Everytime investors sell, someone else buys because it has been negotiated and promised to go up to $5 or $10 per gallon. Therefore, risk takers buy and sell each time they make their goal, and another risk taker buys, and as long as they think they are gonna make a profit, its gonna keep rising, they are gonna keep selling and Opec is gonna keep raising the price because we are getting pimped from the gas pump to the stock market.





When Investors stop making windfalls (arranged by bush and Abdulla of Saudi Arabia) we will be able to live our lives again.Oil closed at $139 today. But...but...I thought libs said the Senate Investigations worked?!?
That is a charade, they are trying to place the blame on the oil companies when the crashing value of the dollar is just as much to blame as the oil companies. No one on capital hill is going to address this major problem until after the elections so that the incumbent will not be seen as doing a bad job.
They wont let us drill in this country, we have the oil but they don't want us to drill for it. I think that would be a good start certainly more productive than investigations
How would Senate investigations lower the price of petroleum?
Don't be dumb. OPEC sets the price of oil. Guess who OPEC dislikes? George W.

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