Friday, July 30, 2010

Bush said drilling a few times in his address on Monday. Why did oil prices plummet when he said,';drilling';?

Any liberals know why? Is it because any speculators and investors know that drilling would increase supply? I JUST WISH THE LIBERALS WERE SMART ENOUGH TO FIGURE OUT SIMPLE THINGS LIKE SUPPLY %26amp; DEMAND'S EFFECTS ON PRICE.





Or, do liberals love high gas prices in their efforts to send the ';terrible USA'; back to the dark ages?Bush said drilling a few times in his address on Monday. Why did oil prices plummet when he said,';drilling';?
Because the word '; drilling'; is an action word, like, someone is actually doing something. If any member of congress has any difficulty understanding the concept of actually '; doing something';


us cons would be delighted to explain.Bush said drilling a few times in his address on Monday. Why did oil prices plummet when he said,';drilling';?
they still need california and florida to lift the ban and they won't, guarantee that. oil, like all commodities fluctuate. it'll probably go up tomorrow. Who thinks adding under 100,000 barrels a day in supply sometime after 2020 鈥?some one-thousandth of total supply 鈥?would be more than the proverbial drop in the ocean? Remember the Saudis couldn鈥檛 stop prices from rising now by announcing that they will add 500,000 barrels of oil a day by the end of this year!
False. Oil prices dropped because the economy is doing so bad and speculators felt these record high oil prices were unsustainable in this bear market. Basically oil prices fell because the economy is in shambles. Way to go George.
Elementary really. Drilling would take profits from foreign oil and just the mention of it sends tremors down OPEC's spines!
It also scares the Arabs that we will drill our own oil, then they would have no control over us!

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