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This person has the ticket right on the money!!!! It is a crying shame that the American people are too dumb and stupid to see how effectively Obama is destroying America!!!
I think he is onto something in that the move was intended to burst the speculation bubble. As hard as the Democrats were whining here about that, Sarkozy in France was crying three times as hard. And he was not getting much traction on calls for more regulation of speculators.
I also agree it is a move likely to fail.
Summarizing the LIES from Zero ...
Lie #1: Oil Prices Are High Because The War In Libya Has Diminished Supply
Lie #2: The IEA Oil Dump Will Create A Supply Glut And Drive Down Prices
Lie #3: The IEA Oil Dump Was Designed To Hit Speculators, Who Are The Real Cause Of Energy Inflation
Excellent read. Thanks.
That would be 1,800,000,000 barrels. I thought the release was 60 million barrels total. Does anyone know what the real amount of the release is?
Look, our country is now led by the most successful mole in the history of the world, bent on our destruction. What would you expect?
Its faily obviuos to me there is at least a loose plan for the destruction of the west, and hussein is following it to a tee.