Monday, February 21, 2011

They used to say oil in the US was about to run out. Now they say we have lots of oil, we only need to drill baby drill. Which is it? They used to say that US oil doesn't stay here to help us, it goes into the world market. Now they say that we must be energy dependent by drilling for more oil. Which is it? They used to say that oil prices were governed by supply and demand. Now they say that prices are a result of speculation and traders. Which is it? Do we have lots of capped wells in this country and in the gulf or dont we? My answer, The oil barons and companies want to drill in wilderness areas, parks and other off limits public lands to make even more money. It won't help our prices, our capacity or our energy independence, it will only make the oil companies and the republicans richer! Where am I wrong?All we are wittinessing is the oil speculators ( oil’s real price was $60) getting out of the market in anticipation of the collapse of the euro and the consequential recession, which will affect the US and What about the end users of this product? Huh? Let's see gas prices reflect the decline in oil prices now Who didn't see this one coming......bend over here it comes again! thanks to Obama's Muslim oil buddies are in action. Now we see the results of Obama's vist to Saudi Arabia last year

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