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To: freerepublic_or_die

Looking for every cause of $125 oil except the True Cause


3 posted on 05/12/2008 4:37:59 PM PDT by RightWhale (You are reading this now)
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To: RightWhale

The price of oil has not doubled because the demand shot up in the last year or supply has declined dramatically. The true cause is a cheap dollar. Until the fed kicks up interest rates don’t expect the price of oil to come down. I expect that to start happening this summer probably. Probably not soon enough to help McCain. If Obama is elected his worshippers will claim the Obamessiah has created his first miracle - a sharp decline in oil prices.


18 posted on 05/12/2008 6:00:53 PM PDT by DHerion
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To: RightWhale

I wonder what the pump price has to be until all the environazis and the Fools on the Hill are told to get the he!! out of the way and LET US DRILL FOR OUR OWN OIL. Drill ANWAR, off our coasts, justg suck it dry, and build the refineries to handle the stuff. When are we going to tell all those involved with this situation ENOUGH IS ENOUGH!


28 posted on 05/12/2008 7:31:00 PM PDT by NCC-1701 (PUT AN END TO ORGANIZED CRIME. ABOLISH THE I.R.S.)
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