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Old 06-15-2008 | 08:03 PM
  #32  
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FliFast
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What has to happen to lower OIL...


A president who is an oil man and a VP that was the head of Haliburton, and a non-existant energy policy to reduce oil prices.

jmho,

Oil prices have been on the rise for seven years, demand for oil has been going on for 100 years. I'm not sure anyone has seen or can justify an increase from roughly $18 bbl to $135 bbl. or an increase of 650% if my math is correct, If not, blame it on the tequilla, but the point is, supply has not skyrocketed hundreds of multiples. The Chinese have had cars for 60 years, we have had gas hog cars for 80+ years, just makes no sense.

Yes I was on the grassy knoll, but this defies supply and demand theories.

JMHO,
FF
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